SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
DSST Personal Finance
Start Test
Study First
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. Goals you wish to accomplish in the next few months or years; graduation from highschool - or plans for summer employment
simple interest
insolvent
intermediate goal
stop payment
2. A booklet used to record checking account transactions
checkbook register
explicit
overdraft
insolvent
3. A legally enforceable agreement between two or more people
warranty
getting the job
contracts
overdraft
4. Job elements that increase job satisfaction
aptitude
unions
motivation
investments
5. 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
job application
job search
competent parties
explicit
6. A check that bears the bank's stamp - indicating it has cleared
investments
solvent
certified check
canceled check
7. Those who are legally capable of entering into contracts.
canceled check
competent parties
self-actualization
warranty
8. The spreading of risks across many types of investments
saving
diversified investments
savings
W-4
9. Professionally managed group in investments bought using a pool of money from many investors; used to buy stocks. bonds - and other securities
warranty
parts of a business letter
mutual fund
loan
10. The amount of monthly or annual pay you will earn for your labour
1040 from
voidable
checking account
salary
11. A summary of the income you earned during the year and all amounts the employer withheld for taxes
insolvent
W-2
competent parties
fixed expense
12. Intentionally writing a check on an account without sufficient funds in the hope of making a deposit before the check is cashed.
payee
floating a check
diversified investments
gross pay
13. A natural - physical - or mental ability that allows you to do certain tasks well
short term goal
aptitude
investments
joint account
14. Return address - letter address - body of the letter: attention - interest - desire - action
canceled check
short term goal
unions
parts of a business letter
15. The us of long term savings to earn a financial return
loan
simple interest
investments
warranty
16. Depositor to a checking account
stop payment
gross pay
competent parties
maker
17. Occurs amoung co-workers of equal rank
asset
1040 from
investments
horizontal communications
18. A group of people who work in the same or similar occupation organized for the benefit of all employees in these ocupations
stop payment
unions
motivation
salary
19. Costs that do change from month to month
insolvent
bank reconciliation
savings
variable expense
20. An account owned by two or more people.
horizontal communications
getting the job
joint account
certificate of deposit
21. A tax form used to uhh make deductions from uhhm ........ from your income in taxes
mutual fund
payee
certified check
1040 from
22. A type of savings account that offers a more competitive interest rate than a regular savings account
commercial bank
drawer
money market
intermediate goal
23. Goals you wish to accomplish in five to ten years or longer; college degree - marriage
long term goal
aptitude
self-actualization
intermediate goal
24. 1. forms of employee compensation in addition to pay 2. the amount recieved by the beneficiary from a life insurance policy also called proceeds
contracts
benefits
fixed expense
intermediate goal
25. Items of value that a person own
asset
liabilities
certified check
social security
26. Provides federal aid for the elderly and for disabled workers
job application
social security
benefits
floating a check
27. The amount left after all deductions are taken out of your gross pay
net pay
listening-different skills
certified check
certificate of deposit
28. A face to face meeting with a potential employeer to discuss the job opening
overdraft
job interview
bank reconciliation
fixed expense
29. A check containing certification that the person who issued the check has sufficient funds on deposit to cover payment
contracts
joint account
certified check
variable expense
30. The relationship between the costs of paying for workiers and the output that is recieved from their work
parts of a business letter
productivity
payee
canceled check
31. Costs that do not change from month to month
job application
fixed expense
certificate of deposit
intermediate goal
32. Someone who has insufficient assets to cover their debts
money market
insolvent
solvent
social security
33. Able to be set aside or to be revalidated at a later date
liabilities
loan
voidable
intermediate goal
34. A promise to pay a specified amount on demand or at a certain time
promissory note
payee
benefits
mutual fund
35. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations
variable expense
horizontal communications
1040 from
family leave act
36. A goal you expect to reach in a few days or weeks; a B on next weeks math test
certificate of deposit
loan
short term goal
warranty
37. The process of matching your checkbook register with the bank statement
intermediate goal
investments
bank reconciliation
motivation
38. Money you save
liabilities
saving
long term goal
currency
39. The difference between assets and liabilities
intermediate goal
family leave act
net worth
W-2
40. The total amount you earn before any deducations are subtractions
gross pay
salary
job application
W-4
41. One who is paid
checking account
payee
joint account
long term goal
42. One who agrees to pay if the borrower fails to pay
promissory note
benefits
co-signer
asset
43. Take away the legal force of or render ineffective
void
floating a check
drawer
intermediate goal
44. Money you save for things
payee
checkbook register
savings
variable expense
45. The metal or paper medium of exchange that is presently used
W-4
drawer
currency
co-signer
46. (Cd) or a time deposit is a deposit that earns a fixed interest rate for a specific amount of time
income tax
certificate of deposit
overdraft
voidable
47. The person who writes a check or draft instructing the drawee to pay someone else
loan
drawer
void
checkbook register
48. A written assurance that some product or service will be provided or will meet certain specifications
getting the job
insolvent
investments
warranty
49. Get organized - make a plan - follow up - don't give up
stop payment
bank reconciliation
maker
job search
50. Occurs amoung co-workers of unequal rank
void
diversified investments
vertical communications
investments