SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. Paid dividends after the preference shares have been paid
residual value
statistic
compounded sem-annually
common shares
2. real estate (houses - condos - warehouses - factories - etc)
sensitivity analysis
ratio
the two main types of shares
real property
3. Indicators of the confidence investors have in a company (the higher the better)
cross-footing
bonds
price earnings ratios
real property
4. Interest calculated on the principal plus any accumulated interest
compounded interest
data
foreclosure
the four helpful calculating tools
5. The money paid to an employee based on a percentage of their sales
interest
sales commission
divisor
foreclosure
6. Shows the assets - liabilities and financial position of the company
variable costs
risk
cash discounts
balance sheet
7. The depreciation of an asset as an expense
capital cost allowance
ratio
compounded daily
compounded sem-annually
8. An item of data that has a different value at different times
variable
mean
common shares
variable costs
9. An item of data the stays the same
multiplicand
compounded sem-annually
low risk investment
constant
10. The info collected from a survey and the figures generated through statistical analysis
medium risk investment
proportion
data
balance sheet
11. A percentage discount for buyers associated with the products being sold
trade discount
interest
fractions
maximum
12. The length of the loan
multi modal
foreign currency exchange
the two methods calculators use to process information
term
13. Money earned on an investment or paid on a loan
interest
sales commission
per diem
liabilities
14. Security for a loan
variable
collateral
invoice
multiplicand
15. A decimal figure when x by 2400 gives an approximate annual interest rate
common shares
retired or amortized
statistic
money factor
16. The highest number in a group of data
break even point
maximum
retired or amortized
population
17. A number calculated from sample data
mortgage
statistic
compounded sem-annually
cash flow
18. Simple and compound
ratio
variable
weighted average
the two types of interest
19. loans to companies or goverments (no voting rights)
bonds
cash discounts
cash flow
multiplicand
20. A contract giving someone the right to use something for a certain length of time
compounded monthly
lease
risk
parameter
21. used when the each piece of data has more than one component
complete enumeration survey
weighted average
high risk investment
simple interest
22. The score that falls in the middle
trade discount
dividend
median
cross-footing
23. When two ratios are equal
preference shares
proportion
default
trade discount
24. Interest is paid twice a year
mortgage
residual value
compounded sem-annually
amortization period
25. The point where income and expenses intersect (no loss or profit)
break even point
mortgagor
constant
complete enumeration survey
26. Something that is expected to return a profit
special discounts
investment
bottom line figures
dividend
27. Paid in full
retired or amortized
mortgagee
personal property
compounded daily
28. The lender
minimum
high risk investment
mortgagee
lease
29. The amount of money borrowed is less than 75% of the purchase price
multiplicand
chain discounts
conventional mortgage
statistic
30. Time worked beyond the established working hours
overtime
divisor
multiplicand
fixed costs
31. The final figures
population
bottom line figures
conventional mortgage
variable
32. A series of discounts
range
ratio
chain discounts
statistic
33. A complete set of individuals - objects or scores being studied
overtime
compounded sem-annually
compounded daily
population
34. The number you are multipliying by
multiplier
maximum
p.a.
invoice
35. A bill
the two main types of shares
dividend
statistic
invoice
36. Preference and common
compounded daily
the two main types of shares
cash discounts
the four helpful calculating tools
37. Property other than real estate (often called a chattel mortgage)
compounded daily
lessee
cash discounts
personal property
38. The lowest number in a group of data
bonds
minimum
population
money factor
39. A loan
mortgage
mortgagee
mean
parameter
40. The unexpected variablility of returns
retired or amortized
the two methods calculators use to process information
risk
front-loaded
41. Amounts of money you owe
price earnings ratios
trade discount
foreclosure
liabilities
42. The person paying to borrow property for a certain amount of time for payments
lessee
personal property
interest
default
43. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded quarterly
special discounts
lease
preference shares
44. A portion of the population being studied
sample
per diem
mortgagee
special discounts
45. A rate that one currency can be exchanged for another
foreign currency exchange
foreclosure
percent
maximum
46. Interest is paid four times a year
proportion
compounded quarterly
default
parameter
47. Interest is paid twelve times a year
lease
simple interest
compounded monthly
risk
48. The most frequently occuring value in a group of data
real property
sensitivity analysis
maximum
mode
49. Parts of a whole number
simple interest
multiplier
the three items that may have to be subracted from the gross return figure when calculating net return
fractions
50. Adding columns of figures horizontally and vertically to check that the totals agree
weighted average
population
cross-footing
chain discounts