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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. Things you own
foreign currency exchange
interest
assets
dividend
2. you may get a large return or get nothing
high risk investment
the two methods calculators use to process information
statistic
lease
3. The person paying to borrow property for a certain amount of time for payments
high-ratio mortgage
lessee
sales commission
foreclosure
4. The owner of the property
trade discount
lessor
sensitivity analysis
mean
5. The number you are dividing by
dividend
retired or amortized
divisor
break even point
6. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
invoice
the two methods calculators use to process information
chain discounts
7. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
personal property
sample
maximum
8. The depreciation of an asset as an expense
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
lease
the two methods calculators use to process information
9. The borrower
mortgagor
sample
high risk investment
bottom line figures
10. (simple average) adding the group of items and dividing by the total number of items
the two methods calculators use to process information
overtime
mean
variable
11. A portion of the population being studied
residual value
sample
data
balance sheet
12. Costs that fluctuate
break even point
constant
conventional mortgage
variable costs
13. Preference and common
maximum
percent
amortization period
the two main types of shares
14. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
divisor
balance sheet
weighted average
15. More than one frequently occuring value in a group of data
lessor
sales commission
divisor
multi modal
16. The most frequently occuring value in a group of data
mode
the three items that may have to be subracted from the gross return figure when calculating net return
fractions
ratio
17. Security for a loan
amortization schedule
money factor
lessor
collateral
18. A percentage discount for buyers associated with the products being sold
dividend
trade discount
variable costs
term
19. The process of repossessing and selling the real or personal property when the borrower has defaulted
bottom line figures
data
foreclosure
the two types of interest
20. The first number
compounded annually
sample
multiplicand
minimum
21. Interest is paid four times a year
data
the two methods calculators use to process information
compounded quarterly
shares
22. of one hundred
multiplicand
low risk investment
dividend
percent
23. The unexpected variablility of returns
per diem
extention
balance sheet
risk
24. A comparison of two numbers
complete enumeration survey
ratio
net capitalized cost
fixed costs
25. Paid dividends after the preference shares have been paid
p.a.
compounded sem-annually
price earnings ratios
common shares
26. The amount the property is worth at the end of the lease
dividend
compounded annually
residual value
retired or amortized
27. The total of units multiplied by the price
price earnings ratios
real property
percent
extention
28. The difference between the highest and lowest numbers in a set of data
range
weighted average
constant
term
29. Interest is paid once a year
sensitivity analysis
common shares
cash discounts
compounded annually
30. The number you are multipliying by
fractions
invoice
low risk investment
multiplier
31. The interest amount is small - but you are guaranteed to get something
money factor
low risk investment
population
complete enumeration survey
32. The lowest number in a group of data
collateral
median
real property
minimum
33. Deciding if its worth the risk
minimum
assets
multiplier
sensitivity analysis
34. The lender
mortgagee
simple interest
compounded sem-annually
chain discounts
35. A rate that one currency can be exchanged for another
amortization schedule
constant
foreign currency exchange
mode
36. A series of discounts
chain discounts
term
maximum
investment
37. Commission fee - inflation rate - capital gains tax
sales commission
the three items that may have to be subracted from the gross return figure when calculating net return
parameter
maximum
38. Something that is expected to return a profit
trade discount
bottom line figures
investment
lessee
39. loans to companies or goverments (no voting rights)
income statement
bonds
ratio
investment
40. Costs that remain constant
price earnings ratios
sensitivity analysis
fixed costs
ratio
41. Number calculated from population data
parameter
default
preference shares
cash flow
42. Interest is paid 365 times a year
sensitivity analysis
compounded daily
retired or amortized
divisor
43. A contract giving someone the right to use something for a certain length of time
overtime
the two main types of shares
conventional mortgage
lease
44. Indicators of the confidence investors have in a company (the higher the better)
chain discounts
risk
price earnings ratios
cash discounts
45. The length of the loan
term
capital cost allowance
variable
compounded daily
46. The info collected from a survey and the figures generated through statistical analysis
extention
data
preference shares
medium risk investment
47. Money given to someone on condition the person will return the money and interest by a specific date
fractions
loan
collateral
amortization period
48. Part ownership in a company
low risk investment
foreign currency exchange
preference shares
shares
49. Investing in a well-established company
parameter
medium risk investment
the two types of interest
investment
50. The money paid to an employee based on a percentage of their sales
range
percent
overtime
sales commission