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Test your basic knowledge |
DSST Business Math Vocab 2
Start Test
Study First
Subjects
:
dsst
,
math
,
business-skills
,
business-math
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. The price after any down-payment or trade-in
foreclosure
net capitalized cost
cash flow
the two types of interest
2. Money earned on an investment or paid on a loan
lessor
money factor
ratio
interest
3. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
cross-footing
lease
proportion
4. Per annum - yearly
p.a.
ratio
range
compounded daily
5. A number calculated from sample data
statistic
compounded sem-annually
range
bottom line figures
6. The owner of the property
default
lessor
investment
money factor
7. A comparison of two numbers
cross-footing
collateral
ratio
break even point
8. Amount of money coming in and going out of your business monthly
term
statistic
special discounts
cash flow
9. A loan
divisor
interest
compounded quarterly
mortgage
10. (simple average) adding the group of items and dividing by the total number of items
mean
dividend
percent
collateral
11. The final figures
mortgagee
amortization period
bottom line figures
real property
12. The difference between the highest and lowest numbers in a set of data
compounded monthly
mean
range
foreign currency exchange
13. used when the each piece of data has more than one component
price earnings ratios
divisor
high-ratio mortgage
weighted average
14. you may get a large return or get nothing
statistic
high risk investment
the two main types of shares
fixed costs
15. Adding columns of figures horizontally and vertically to check that the totals agree
bottom line figures
cross-footing
compounded monthly
mode
16. loans to companies or goverments (no voting rights)
data
bonds
cross-footing
statistic
17. A decimal figure when x by 2400 gives an approximate annual interest rate
variable costs
compounded interest
data
money factor
18. of one hundred
dividend
multiplicand
percent
foreign currency exchange
19. An item of data that has a different value at different times
retired or amortized
collateral
variable
data
20. Paid dividends after the preference shares have been paid
common shares
personal property
maximum
variable
21. The length of the loan
special discounts
p.a.
term
front-loaded
22. Parts of a whole number
compounded quarterly
complete enumeration survey
investment
fractions
23. Share of the profits of a company
minimum
dividend
default
divisor
24. A chart that shows the balance of the mortgage after each amortization period
minimum
personal property
lease
amortization schedule
25. Shows the money coming in and expenses for a certain period of time.
parameter
income statement
default
minimum
26. The score that falls in the middle
lessor
investment
median
balance sheet
27. Commission fee - inflation rate - capital gains tax
compounded monthly
personal property
mortgagor
the three items that may have to be subracted from the gross return figure when calculating net return
28. Amounts of money you owe
compounded quarterly
liabilities
cash flow
multiplicand
29. A portion of the population being studied
default
p.a.
data
sample
30. The depreciation of an asset as an expense
mortgagee
capital cost allowance
default
constant
31. Interest calculated on the principal plus any accumulated interest
trade discount
the two methods calculators use to process information
amortization schedule
compounded interest
32. Costs that remain constant
amortization schedule
the four helpful calculating tools
fixed costs
ratio
33. Paid in full
retired or amortized
overtime
loan
cash discounts
34. Per day
per diem
minimum
personal property
lease
35. The number you are dividing by
compounded daily
divisor
low risk investment
residual value
36. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
balance sheet
sales commission
variable
37. Interest is paid twelve times a year
sample
bottom line figures
compounded monthly
p.a.
38. Algebraic - arithmetic
the two methods calculators use to process information
price earnings ratios
ratio
chain discounts
39. Interest is paid once a year
foreign currency exchange
trade discount
compounded annually
overtime
40. Investing in a well-established company
lease
fractions
amortization schedule
medium risk investment
41. The lowest number in a group of data
ratio
parameter
median
minimum
42. Deciding if its worth the risk
personal property
percent
sensitivity analysis
p.a.
43. The first number
capital cost allowance
mode
multiplicand
special discounts
44. Things you own
range
per diem
cash flow
assets
45. A complete set of individuals - objects or scores being studied
population
collateral
cross-footing
sensitivity analysis
46. The majority of the early payments go toward paying the interest on the loan
front-loaded
break even point
assets
median
47. Preference and common
investment
the two main types of shares
multiplicand
amortization schedule
48. The highest number in a group of data
weighted average
common shares
multi modal
maximum
49. Something that is expected to return a profit
investment
overtime
extention
invoice
50. Shows the assets - liabilities and financial position of the company
common shares
balance sheet
data
lessee