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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 interest amount is small - but you are guaranteed to get something
amortization period
divisor
assets
low risk investment
2. Simple and compound
special discounts
the two types of interest
cross-footing
foreclosure
3. A bill
invoice
multi modal
simple interest
personal property
4. The amount of money borrowed is less than 75% of the purchase price
cash flow
multiplicand
conventional mortgage
data
5. A decimal figure when x by 2400 gives an approximate annual interest rate
cross-footing
ratio
money factor
overtime
6. Indicators of the confidence investors have in a company (the higher the better)
compounded monthly
p.a.
residual value
price earnings ratios
7. A portion of the population being studied
sample
multiplier
minimum
statistic
8. The number to be divided by
bonds
parameter
dividend
p.a.
9. Per day
risk
per diem
compounded quarterly
low risk investment
10. Things you own
assets
the three items that may have to be subracted from the gross return figure when calculating net return
the four helpful calculating tools
variable costs
11. Paid in full
proportion
default
retired or amortized
complete enumeration survey
12. An item of data that has a different value at different times
variable
low risk investment
percent
front-loaded
13. More than one frequently occuring value in a group of data
bonds
conventional mortgage
multi modal
term
14. A series of discounts
risk
loan
chain discounts
simple interest
15. Part ownership in a company
lessee
shares
balance sheet
compounded monthly
16. Money given to someone on condition the person will return the money and interest by a specific date
loan
investment
mortgage
high risk investment
17. Interest is paid 365 times a year
sample
high risk investment
compounded daily
compounded sem-annually
18. The lowest number in a group of data
bonds
minimum
compounded daily
residual value
19. Investing in a well-established company
personal property
chain discounts
medium risk investment
the two types of interest
20. The highest number in a group of data
lessor
maximum
proportion
common shares
21. Number calculated from population data
parameter
compounded quarterly
net capitalized cost
foreign currency exchange
22. The most frequently occuring value in a group of data
parameter
mode
price earnings ratios
minimum
23. Algebraic - arithmetic
cross-footing
the two methods calculators use to process information
amortization period
range
24. The lender
mode
mortgagee
mortgagor
lessor
25. The money paid to an employee based on a percentage of their sales
lease
amortization period
investment
sales commission
26. The amount of money borrowed is between 75% - 95% of the purchase price
compounded monthly
high-ratio mortgage
multiplicand
chain discounts
27. The length of the loan
per diem
amortization period
conventional mortgage
term
28. Non-payment
divisor
default
trade discount
invoice
29. The length of time until the debt is zero
price earnings ratios
amortization period
weighted average
mortgage
30. A number calculated from sample data
mortgage
default
foreign currency exchange
statistic
31. Interest is paid four times a year
collateral
the four helpful calculating tools
compounded quarterly
amortization period
32. A percentage discount to customers
assets
multiplicand
shares
special discounts
33. Costs that fluctuate
median
variable costs
sales commission
compounded annually
34. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded sem-annually
the two types of interest
amortization schedule
foreclosure
35. electronic - portable (pocket) - computer - spreadsheets
dividend
the four helpful calculating tools
p.a.
preference shares
36. The difference between the highest and lowest numbers in a set of data
range
multiplicand
residual value
population
37. Discounts offered to encourage customers to pay their bills on time
sales commission
cash discounts
constant
mortgage
38. The unexpected variablility of returns
ratio
retired or amortized
compounded annually
risk
39. The borrower
balance sheet
mortgagor
invoice
high risk investment
40. The amount the property is worth at the end of the lease
divisor
collateral
maximum
residual value
41. used when the each piece of data has more than one component
weighted average
bonds
mortgagee
the two methods calculators use to process information
42. Amount of money coming in and going out of your business monthly
mortgage
cash flow
per diem
fractions
43. The first number
default
common shares
compounded daily
multiplicand
44. A contract giving someone the right to use something for a certain length of time
simple interest
parameter
per diem
lease
45. real estate (houses - condos - warehouses - factories - etc)
real property
constant
foreign currency exchange
sample
46. A complete set of individuals - objects or scores being studied
population
overtime
common shares
variable
47. Provide a specific dividend that is paid before any dividends are paid to common stock holders
special discounts
extention
preference shares
amortization schedule
48. Shows the money coming in and expenses for a certain period of time.
income statement
investment
ratio
break even point
49. An item of data the stays the same
constant
common shares
mode
low risk investment
50. Deciding if its worth the risk
variable
sensitivity analysis
proportion
fractions