Test your basic knowledge |

DSST Personal Finance

Subjects : dsst, personal-finance, bvat
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Sympathetic- 'empatheic listening' ability to see another person's point of view and sense what person is feeling; critical- ability to differentiate facts from opinion - and creative-listening with an open mind to new ideas






2. Job elements that increase job satisfaction






3. The amount left after all deductions are taken out of your gross pay






4. A promise to pay a specified amount on demand or at a certain time






5. A written assurance that some product or service will be provided or will meet certain specifications






6. A natural - physical - or mental ability that allows you to do certain tasks well






7. Costs that do change from month to month






8. Items of value that a person own






9. One who is paid






10. An account owned by two or more people.






11. 'full service banks' provide the widest variety banking services. insured by FDIC






12. Take away the legal force of or render ineffective






13. A group of people who work in the same or similar occupation organized for the benefit of all employees in these ocupations






14. Occurs amoung co-workers of unequal rank






15. Get organized - make a plan - follow up - don't give up






16. The process of matching your checkbook register with the bank statement






17. Intentionally writing a check on an account without sufficient funds in the hope of making a deposit before the check is cashed.






18. (Cd) or a time deposit is a deposit that earns a fixed interest rate for a specific amount of time






19. Asks for your name address social security number marital status and number of exepemptions you are claiming for income tax purposes; this determines amount your employer will withhold from your paycheck for income taxes






20. 1. forms of employee compensation in addition to pay 2. the amount recieved by the beneficiary from a life insurance policy also called proceeds






21. A face to face meeting with a potential employeer to discuss the job opening






22. The relationship between the costs of paying for workiers and the output that is recieved from their work






23. A check containing certification that the person who issued the check has sufficient funds on deposit to cover payment






24. Money or debts that you owe to others






25. Money you save for things






26. A goal you expect to reach in a few days or weeks; a B on next weeks math test






27. Money that someone lends that you pay interest on when you pay it back






28. A check that bears the bank's stamp - indicating it has cleared






29. The us of long term savings to earn a financial return






30. A depositor's order to a bank to refuse payment on a check






31. The difference between assets and liabilities






32. A form that asks questions of people that apply for a job; write neatly - black or blue pen;stay within space provided - fill in all blanks; be truthful; don't abbreviate; proofread






33. Return address - letter address - body of the letter: attention - interest - desire - action






34. One who agrees to pay if the borrower fails to pay






35. Able to be set aside or to be revalidated at a later date






36. Costs that do not change from month to month






37. The tax paid on your taxable income






38. Depositor to a checking account






39. A check written for more money than your account contains






40. Definite - clearly stated






41. The person who writes a check or draft instructing the drawee to pay someone else






42. The spreading of risks across many types of investments






43. A statement that solves a problem or explains how to solve the problem






44. The total amount you earn before any deducations are subtractions






45. A tax form used to uhh make deductions from uhhm ........ from your income in taxes






46. Interest computed only on amount borrowed without compounding






47. Someone who has insufficient assets to cover their debts






48. Provides federal aid for the elderly and for disabled workers






49. Goals you wish to accomplish in the next few months or years; graduation from highschool - or plans for summer employment






50. Goals you wish to accomplish in five to ten years or longer; college degree - marriage