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
common shares
risk
sample
lease
2. Money given to someone on condition the person will return the money and interest by a specific date
cash flow
compounded sem-annually
investment
loan
3. The number to be divided by
front-loaded
special discounts
dividend
maximum
4. Property other than real estate (often called a chattel mortgage)
income statement
mode
mortgagor
personal property
5. Per annum - yearly
front-loaded
multiplicand
per diem
p.a.
6. The price after any down-payment or trade-in
mortgagee
net capitalized cost
extention
break even point
7. Time worked beyond the established working hours
range
compounded monthly
overtime
personal property
8. The borrower
trade discount
mortgagor
interest
special discounts
9. A decimal figure when x by 2400 gives an approximate annual interest rate
medium risk investment
money factor
population
income statement
10. A percentage discount to customers
special discounts
multiplier
investment
net capitalized cost
11. Interest is paid twelve times a year
compounded monthly
medium risk investment
low risk investment
mortgagee
12. Deciding if its worth the risk
minimum
sensitivity analysis
compounded sem-annually
cross-footing
13. (simple average) adding the group of items and dividing by the total number of items
chain discounts
mean
bonds
collateral
14. The person paying to borrow property for a certain amount of time for payments
shares
default
lessee
bottom line figures
15. A chart that shows the balance of the mortgage after each amortization period
maximum
front-loaded
amortization schedule
sensitivity analysis
16. A percentage discount for buyers associated with the products being sold
shares
dividend
multiplicand
trade discount
17. Money earned on an investment or paid on a loan
term
interest
trade discount
bonds
18. The money paid to an employee based on a percentage of their sales
sales commission
amortization schedule
extention
the two methods calculators use to process information
19. The point where income and expenses intersect (no loss or profit)
low risk investment
break even point
real property
range
20. When two ratios are equal
proportion
bottom line figures
percent
sample
21. The majority of the early payments go toward paying the interest on the loan
front-loaded
trade discount
income statement
per diem
22. you may get a large return or get nothing
conventional mortgage
bottom line figures
high risk investment
foreign currency exchange
23. Interest is paid four times a year
parameter
compounded quarterly
lessor
statistic
24. Amounts of money you owe
liabilities
the four helpful calculating tools
cash discounts
simple interest
25. Paid in full
common shares
high-ratio mortgage
term
retired or amortized
26. Provide a specific dividend that is paid before any dividends are paid to common stock holders
overtime
preference shares
mode
cash flow
27. Security for a loan
variable costs
sample
compounded quarterly
collateral
28. The first number
multiplicand
statistic
cash discounts
fixed costs
29. A contract giving someone the right to use something for a certain length of time
amortization schedule
lease
range
high-ratio mortgage
30. Costs that fluctuate
variable costs
compounded monthly
compounded quarterly
ratio
31. Share of the profits of a company
dividend
mortgagee
variable costs
foreign currency exchange
32. The lowest number in a group of data
foreclosure
compounded interest
minimum
net capitalized cost
33. The amount of money borrowed is less than 75% of the purchase price
income statement
preference shares
conventional mortgage
net capitalized cost
34. real estate (houses - condos - warehouses - factories - etc)
population
multiplier
lease
real property
35. Interest is paid twice a year
fractions
the four helpful calculating tools
compounded sem-annually
break even point
36. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded quarterly
collateral
foreclosure
compounded daily
37. Parts of a whole number
front-loaded
fractions
low risk investment
loan
38. The depreciation of an asset as an expense
capital cost allowance
compounded interest
multiplier
proportion
39. The most frequently occuring value in a group of data
foreclosure
net capitalized cost
fractions
mode
40. Preference and common
the two main types of shares
loan
trade discount
simple interest
41. used when the each piece of data has more than one component
weighted average
personal property
compounded monthly
net capitalized cost
42. The difference between the highest and lowest numbers in a set of data
range
dividend
sales commission
real property
43. The amount the property is worth at the end of the lease
residual value
liabilities
preference shares
proportion
44. Shows the assets - liabilities and financial position of the company
compounded daily
balance sheet
variable
break even point
45. Interest calculated on the principle
statistic
income statement
simple interest
the four helpful calculating tools
46. Things you own
the two methods calculators use to process information
compounded annually
price earnings ratios
assets
47. A comparison of two numbers
foreign currency exchange
ratio
p.a.
the two main types of shares
48. Discounts offered to encourage customers to pay their bills on time
break even point
assets
cash discounts
the two types of interest
49. Non-payment
data
constant
default
simple interest
50. Indicators of the confidence investors have in a company (the higher the better)
amortization schedule
price earnings ratios
complete enumeration survey
collateral