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. An account owned by two or more people.






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






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






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






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






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






7. Someone who has insufficient assets to cover their debts






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






9. Definite - clearly stated






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






11. 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






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






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






14. Items of value that a person own






15. Allows you to write checks to make payments; also called a demand deposit






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






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






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






19. A legally enforceable agreement between two or more people






20. Costs that do change from month to month






21. Job elements that increase job satisfaction






22. One who is paid






23. Occurs amoung co-workers of unequal rank






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






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






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






27. 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






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






29. Costs that do not change from month to month






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






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






32. Depositor to a checking account






33. Occurs amoung co-workers of equal rank






34. The difference between assets and liabilities






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






36. 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






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






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






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






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






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






42. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






43. Money you save for things






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






45. Interest computed only on amount borrowed without compounding






46. Take away the legal force of or render ineffective






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






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






49. The tax paid on your taxable income






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