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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. A percentage discount for buyers associated with the products being sold
liabilities
multiplicand
trade discount
weighted average
2. The money paid to an employee based on a percentage of their sales
assets
constant
fractions
sales commission
3. The number to be divided by
compounded annually
low risk investment
extention
dividend
4. When two ratios are equal
proportion
compounded annually
maximum
variable
5. you may get a large return or get nothing
trade discount
multi modal
low risk investment
high risk investment
6. The owner of the property
chain discounts
lessor
capital cost allowance
minimum
7. A percentage discount to customers
overtime
special discounts
constant
extention
8. Per day
data
per diem
compounded monthly
sample
9. A chart that shows the balance of the mortgage after each amortization period
mean
amortization schedule
simple interest
mode
10. Paid dividends after the preference shares have been paid
compounded annually
mean
common shares
interest
11. Something that is expected to return a profit
investment
invoice
ratio
median
12. Provide a specific dividend that is paid before any dividends are paid to common stock holders
assets
capital cost allowance
preference shares
overtime
13. Shows the money coming in and expenses for a certain period of time.
variable
low risk investment
income statement
high-ratio mortgage
14. The lowest number in a group of data
sales commission
maximum
investment
minimum
15. Interest is paid once a year
simple interest
divisor
compounded annually
compounded sem-annually
16. Share of the profits of a company
loan
p.a.
dividend
collateral
17. Deciding if its worth the risk
sensitivity analysis
sales commission
bottom line figures
weighted average
18. Paid in full
retired or amortized
maximum
overtime
minimum
19. loans to companies or goverments (no voting rights)
bonds
break even point
compounded daily
net capitalized cost
20. Number calculated from population data
per diem
parameter
the two main types of shares
mode
21. Amounts of money you owe
trade discount
the two types of interest
multi modal
liabilities
22. of one hundred
percent
proportion
the four helpful calculating tools
price earnings ratios
23. Where info is collected for every unit of the population
break even point
the four helpful calculating tools
complete enumeration survey
default
24. Adding columns of figures horizontally and vertically to check that the totals agree
conventional mortgage
front-loaded
cross-footing
mortgagee
25. A contract giving someone the right to use something for a certain length of time
lease
complete enumeration survey
trade discount
compounded interest
26. The final figures
complete enumeration survey
term
bottom line figures
fractions
27. The length of the loan
foreclosure
parameter
overtime
term
28. The interest amount is small - but you are guaranteed to get something
low risk investment
the two main types of shares
mortgagor
dividend
29. Costs that remain constant
fixed costs
cash discounts
real property
collateral
30. The amount of money borrowed is less than 75% of the purchase price
extention
statistic
term
conventional mortgage
31. A decimal figure when x by 2400 gives an approximate annual interest rate
cash flow
collateral
money factor
range
32. More than one frequently occuring value in a group of data
compounded daily
medium risk investment
multi modal
data
33. The difference between the highest and lowest numbers in a set of data
price earnings ratios
maximum
divisor
range
34. Time worked beyond the established working hours
foreign currency exchange
sales commission
overtime
variable
35. The process of repossessing and selling the real or personal property when the borrower has defaulted
mean
foreclosure
preference shares
complete enumeration survey
36. A series of discounts
mode
p.a.
multiplicand
chain discounts
37. electronic - portable (pocket) - computer - spreadsheets
lessee
the four helpful calculating tools
compounded quarterly
high-ratio mortgage
38. Money earned on an investment or paid on a loan
p.a.
foreclosure
interest
dividend
39. The score that falls in the middle
variable
median
mean
trade discount
40. Simple and compound
interest
common shares
lessee
the two types of interest
41. Investing in a well-established company
income statement
loan
cash discounts
medium risk investment
42. Commission fee - inflation rate - capital gains tax
shares
complete enumeration survey
cross-footing
the three items that may have to be subracted from the gross return figure when calculating net return
43. Per annum - yearly
p.a.
data
mean
front-loaded
44. used when the each piece of data has more than one component
variable
the two types of interest
p.a.
weighted average
45. Part ownership in a company
residual value
shares
bonds
mode
46. The depreciation of an asset as an expense
compounded annually
net capitalized cost
risk
capital cost allowance
47. The length of time until the debt is zero
bonds
the two types of interest
high-ratio mortgage
amortization period
48. Property other than real estate (often called a chattel mortgage)
investment
the four helpful calculating tools
compounded interest
personal property
49. Security for a loan
price earnings ratios
dividend
risk
collateral
50. A portion of the population being studied
sample
variable costs
mean
cash flow
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