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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. Per annum - yearly
amortization schedule
p.a.
lessor
parameter
2. of one hundred
net capitalized cost
percent
price earnings ratios
compounded annually
3. Interest is paid 365 times a year
compounded daily
mortgagor
variable
complete enumeration survey
4. An item of data the stays the same
constant
amortization schedule
compounded interest
percent
5. The length of the loan
shares
overtime
income statement
term
6. Simple and compound
lease
mortgagor
the two types of interest
range
7. Where info is collected for every unit of the population
divisor
complete enumeration survey
high-ratio mortgage
parameter
8. The number you are dividing by
the two methods calculators use to process information
fixed costs
population
divisor
9. More than one frequently occuring value in a group of data
per diem
multiplier
multi modal
statistic
10. Investing in a well-established company
minimum
medium risk investment
trade discount
multiplier
11. Security for a loan
front-loaded
personal property
ratio
collateral
12. Number calculated from population data
parameter
real property
p.a.
data
13. The number you are multipliying by
multiplier
bottom line figures
trade discount
residual value
14. The first number
multiplicand
conventional mortgage
collateral
medium risk investment
15. Costs that remain constant
fixed costs
loan
front-loaded
overtime
16. The info collected from a survey and the figures generated through statistical analysis
data
capital cost allowance
interest
dividend
17. Interest is paid four times a year
low risk investment
multiplier
compounded quarterly
income statement
18. Adding columns of figures horizontally and vertically to check that the totals agree
lease
percent
cross-footing
compounded interest
19. Costs that fluctuate
chain discounts
retired or amortized
collateral
variable costs
20. The amount of money borrowed is less than 75% of the purchase price
compounded quarterly
conventional mortgage
investment
overtime
21. Preference and common
the two main types of shares
proportion
the two types of interest
money factor
22. Shows the assets - liabilities and financial position of the company
range
interest
balance sheet
the three items that may have to be subracted from the gross return figure when calculating net return
23. A percentage discount to customers
special discounts
simple interest
high-ratio mortgage
data
24. The price after any down-payment or trade-in
high-ratio mortgage
money factor
net capitalized cost
simple interest
25. The owner of the property
lessor
front-loaded
statistic
proportion
26. When two ratios are equal
collateral
proportion
compounded quarterly
minimum
27. The number to be divided by
compounded annually
statistic
variable costs
dividend
28. Paid dividends after the preference shares have been paid
parameter
common shares
liabilities
bonds
29. Amount of money coming in and going out of your business monthly
foreign currency exchange
cash flow
variable
maximum
30. Algebraic - arithmetic
balance sheet
preference shares
the two methods calculators use to process information
trade discount
31. Parts of a whole number
capital cost allowance
cash flow
mortgagor
fractions
32. The unexpected variablility of returns
variable costs
risk
liabilities
amortization schedule
33. A series of discounts
cash discounts
range
chain discounts
assets
34. The process of repossessing and selling the real or personal property when the borrower has defaulted
money factor
foreclosure
weighted average
common shares
35. Per day
fractions
compounded interest
per diem
break even point
36. Interest is paid twice a year
compounded sem-annually
personal property
break even point
foreign currency exchange
37. The final figures
per diem
term
net capitalized cost
bottom line figures
38. A bill
break even point
amortization period
invoice
median
39. Shows the money coming in and expenses for a certain period of time.
income statement
compounded interest
assets
net capitalized cost
40. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
variable costs
overtime
compounded quarterly
41. Amounts of money you owe
trade discount
divisor
liabilities
personal property
42. A chart that shows the balance of the mortgage after each amortization period
multiplier
amortization schedule
high risk investment
chain discounts
43. A loan
front-loaded
mortgage
interest
compounded interest
44. A portion of the population being studied
sample
compounded monthly
mortgage
medium risk investment
45. The interest amount is small - but you are guaranteed to get something
low risk investment
dividend
weighted average
balance sheet
46. The most frequently occuring value in a group of data
income statement
proportion
mode
investment
47. used when the each piece of data has more than one component
compounded sem-annually
p.a.
weighted average
extention
48. An item of data that has a different value at different times
cash discounts
amortization period
variable
per diem
49. Non-payment
the two main types of shares
extention
term
default
50. The lender
mode
compounded interest
mortgagee
fractions