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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Parts of a whole number
cash discounts
lease
capital cost allowance
fractions
2. The length of time until the debt is zero
compounded interest
high risk investment
amortization period
divisor
3. Non-payment
collateral
the two main types of shares
fractions
default
4. A series of discounts
sensitivity analysis
constant
fixed costs
chain discounts
5. Interest is paid once a year
mode
high risk investment
compounded annually
interest
6. A portion of the population being studied
the two types of interest
overtime
cash discounts
sample
7. Property other than real estate (often called a chattel mortgage)
sample
default
personal property
real property
8. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
trade discount
weighted average
parameter
9. Money earned on an investment or paid on a loan
constant
compounded daily
interest
ratio
10. More than one frequently occuring value in a group of data
retired or amortized
low risk investment
multi modal
liabilities
11. Paid in full
loan
assets
retired or amortized
price earnings ratios
12. real estate (houses - condos - warehouses - factories - etc)
conventional mortgage
term
real property
default
13. Algebraic - arithmetic
invoice
trade discount
compounded daily
the two methods calculators use to process information
14. Discounts offered to encourage customers to pay their bills on time
retired or amortized
cash discounts
bottom line figures
percent
15. The amount the property is worth at the end of the lease
multiplicand
per diem
residual value
variable
16. The number you are dividing by
money factor
extention
divisor
default
17. Interest is paid twelve times a year
sensitivity analysis
compounded monthly
variable
median
18. The lowest number in a group of data
proportion
percent
price earnings ratios
minimum
19. Where info is collected for every unit of the population
sample
fractions
interest
complete enumeration survey
20. Simple and compound
mortgagor
the two types of interest
population
bonds
21. Things you own
assets
data
variable costs
break even point
22. The amount of money borrowed is between 75% - 95% of the purchase price
compounded daily
price earnings ratios
high-ratio mortgage
trade discount
23. A number calculated from sample data
statistic
liabilities
multiplier
money factor
24. Time worked beyond the established working hours
overtime
bottom line figures
the four helpful calculating tools
front-loaded
25. A percentage discount for buyers associated with the products being sold
minimum
compounded interest
trade discount
multiplicand
26. of one hundred
compounded interest
percent
preference shares
variable costs
27. Something that is expected to return a profit
trade discount
minimum
fixed costs
investment
28. The interest amount is small - but you are guaranteed to get something
fixed costs
low risk investment
mortgagor
minimum
29. Amount of money coming in and going out of your business monthly
the three items that may have to be subracted from the gross return figure when calculating net return
multiplicand
loan
cash flow
30. Security for a loan
collateral
personal property
sensitivity analysis
common shares
31. The total of units multiplied by the price
extention
medium risk investment
mortgagee
mode
32. A percentage discount to customers
minimum
percent
special discounts
multi modal
33. The number you are multipliying by
loan
multiplier
liabilities
personal property
34. The lender
overtime
mortgagee
price earnings ratios
investment
35. A comparison of two numbers
ratio
variable costs
compounded interest
income statement
36. The majority of the early payments go toward paying the interest on the loan
mortgage
range
data
front-loaded
37. A bill
per diem
collateral
compounded daily
invoice
38. The most frequently occuring value in a group of data
amortization period
mode
the four helpful calculating tools
dividend
39. Part ownership in a company
amortization schedule
shares
mortgagor
common shares
40. The person paying to borrow property for a certain amount of time for payments
liabilities
lessee
front-loaded
price earnings ratios
41. A decimal figure when x by 2400 gives an approximate annual interest rate
fixed costs
money factor
income statement
variable
42. The number to be divided by
real property
dividend
net capitalized cost
foreign currency exchange
43. The length of the loan
special discounts
the two methods calculators use to process information
term
complete enumeration survey
44. The owner of the property
lessor
capital cost allowance
population
common shares
45. you may get a large return or get nothing
the two types of interest
preference shares
invoice
high risk investment
46. When two ratios are equal
proportion
cash discounts
maximum
median
47. Shows the assets - liabilities and financial position of the company
fixed costs
maximum
balance sheet
compounded annually
48. electronic - portable (pocket) - computer - spreadsheets
dividend
the two main types of shares
foreign currency exchange
the four helpful calculating tools
49. Amounts of money you owe
trade discount
risk
liabilities
lessor
50. used when the each piece of data has more than one component
shares
weighted average
sales commission
lessee
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