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






2. A booklet used to record checking account transactions






3. A legally enforceable agreement between two or more people






4. Job elements that increase job satisfaction






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






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






7. Those who are legally capable of entering into contracts.






8. The spreading of risks across many types of investments






9. Professionally managed group in investments bought using a pool of money from many investors; used to buy stocks. bonds - and other securities






10. The amount of monthly or annual pay you will earn for your labour






11. A summary of the income you earned during the year and all amounts the employer withheld for taxes






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






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






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






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






16. Depositor to a checking account






17. Occurs amoung co-workers of equal rank






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






19. Costs that do change from month to month






20. An account owned by two or more people.






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






22. A type of savings account that offers a more competitive interest rate than a regular savings account






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






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






25. Items of value that a person own






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






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






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






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






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






31. Costs that do not change from month to month






32. Someone who has insufficient assets to cover their debts






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






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






35. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






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






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






38. Money you save






39. The difference between assets and liabilities






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






41. One who is paid






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






43. Take away the legal force of or render ineffective






44. Money you save for things






45. The metal or paper medium of exchange that is presently used






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






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






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






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






50. Occurs amoung co-workers of unequal rank