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DSST Business Math Vocab 2
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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. Non-payment
median
fractions
default
price earnings ratios
2. The owner of the property
dividend
amortization schedule
the two main types of shares
lessor
3. The total of units multiplied by the price
mode
extention
sales commission
balance sheet
4. Interest is paid twice a year
compounded sem-annually
real property
compounded quarterly
assets
5. Algebraic - arithmetic
mortgagee
variable costs
cash discounts
the two methods calculators use to process information
6. The score that falls in the middle
maximum
dividend
money factor
median
7. The difference between the highest and lowest numbers in a set of data
range
variable costs
price earnings ratios
fixed costs
8. Where info is collected for every unit of the population
compounded annually
complete enumeration survey
parameter
proportion
9. The depreciation of an asset as an expense
parameter
fixed costs
capital cost allowance
minimum
10. Time worked beyond the established working hours
parameter
fractions
overtime
multiplier
11. The unexpected variablility of returns
foreign currency exchange
special discounts
invoice
risk
12. A contract giving someone the right to use something for a certain length of time
sales commission
net capitalized cost
statistic
lease
13. Shows the money coming in and expenses for a certain period of time.
mortgagee
loan
income statement
simple interest
14. Interest is paid twelve times a year
cash discounts
fixed costs
extention
compounded monthly
15. The final figures
median
constant
lease
bottom line figures
16. The number to be divided by
divisor
dividend
amortization period
constant
17. Commission fee - inflation rate - capital gains tax
trade discount
cross-footing
the three items that may have to be subracted from the gross return figure when calculating net return
real property
18. of one hundred
population
percent
personal property
high-ratio mortgage
19. loans to companies or goverments (no voting rights)
fixed costs
personal property
bonds
multiplier
20. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
fixed costs
proportion
dividend
21. The lender
mortgagee
dividend
sample
population
22. The price after any down-payment or trade-in
net capitalized cost
lessee
bottom line figures
compounded interest
23. Discounts offered to encourage customers to pay their bills on time
shares
mortgage
cash discounts
chain discounts
24. A rate that one currency can be exchanged for another
sales commission
median
foreign currency exchange
overtime
25. Interest is paid four times a year
collateral
loan
compounded quarterly
range
26. The majority of the early payments go toward paying the interest on the loan
cash discounts
money factor
front-loaded
the two types of interest
27. A complete set of individuals - objects or scores being studied
per diem
mode
population
lessee
28. The number you are multipliying by
amortization schedule
multiplier
proportion
simple interest
29. The lowest number in a group of data
minimum
ratio
low risk investment
trade discount
30. A loan
multiplier
lessee
mortgage
divisor
31. Interest is paid once a year
compounded annually
fixed costs
parameter
net capitalized cost
32. Things you own
assets
sample
special discounts
high risk investment
33. Provide a specific dividend that is paid before any dividends are paid to common stock holders
proportion
net capitalized cost
balance sheet
preference shares
34. The money paid to an employee based on a percentage of their sales
mode
sales commission
sensitivity analysis
proportion
35. Interest calculated on the principle
cash flow
mean
simple interest
the two main types of shares
36. Paid dividends after the preference shares have been paid
overtime
chain discounts
common shares
median
37. When two ratios are equal
parameter
high-ratio mortgage
proportion
the four helpful calculating tools
38. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
sensitivity analysis
price earnings ratios
lessee
39. A chart that shows the balance of the mortgage after each amortization period
bottom line figures
amortization schedule
range
foreign currency exchange
40. Something that is expected to return a profit
investment
price earnings ratios
proportion
minimum
41. The first number
multiplicand
assets
the two methods calculators use to process information
constant
42. The point where income and expenses intersect (no loss or profit)
break even point
foreclosure
risk
sales commission
43. A decimal figure when x by 2400 gives an approximate annual interest rate
compounded daily
cash discounts
money factor
extention
44. real estate (houses - condos - warehouses - factories - etc)
cash discounts
real property
proportion
dividend
45. Preference and common
compounded annually
the two main types of shares
conventional mortgage
liabilities
46. The borrower
trade discount
minimum
mortgagor
mode
47. The info collected from a survey and the figures generated through statistical analysis
data
population
amortization schedule
compounded daily
48. A bill
mortgagee
collateral
divisor
invoice
49. A comparison of two numbers
ratio
lease
conventional mortgage
amortization period
50. The length of time until the debt is zero
high-ratio mortgage
break even point
compounded sem-annually
amortization period
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