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. Definite - clearly stated






2. Costs that do change from month to month






3. The difference between assets and liabilities






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






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






6. Occurs amoung co-workers of unequal rank






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






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






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






10. 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






11. Getting an interview - applying - interviewing - and following up






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






13. Money you save






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






15. Someone who has insufficient assets to cover their debts






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






17. An account owned by two or more people.






18. The need to reach ones full potential - to grow - and to be creative






19. Money you save for things






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






21. 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






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






23. Depositor to a checking account






24. The tax paid on your taxable income






25. Money or debts that you owe to others






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






27. Interest computed only on amount borrowed without compounding






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






29. A legally enforceable agreement between two or more people






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






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






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






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






34. One who is paid






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






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






37. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






38. Occurs amoung co-workers of equal rank






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






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






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






42. Job elements that increase job satisfaction






43. 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






44. Take away the legal force of or render ineffective






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






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






47. A booklet used to record checking account transactions






48. The spreading of risks across many types of investments






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






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