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. The score that falls in the middle
assets
median
mortgagee
high-ratio mortgage
2. Interest is paid twice a year
compounded sem-annually
compounded monthly
medium risk investment
mortgagee
3. Adding columns of figures horizontally and vertically to check that the totals agree
median
per diem
cross-footing
simple interest
4. A decimal figure when x by 2400 gives an approximate annual interest rate
retired or amortized
sample
complete enumeration survey
money factor
5. Things you own
bottom line figures
sensitivity analysis
investment
assets
6. The person paying to borrow property for a certain amount of time for payments
compounded daily
lessee
complete enumeration survey
mode
7. Interest calculated on the principle
p.a.
statistic
simple interest
lease
8. of one hundred
cash flow
percent
range
maximum
9. Indicators of the confidence investors have in a company (the higher the better)
fractions
price earnings ratios
dividend
liabilities
10. The majority of the early payments go toward paying the interest on the loan
liabilities
front-loaded
bonds
compounded monthly
11. Costs that fluctuate
shares
mortgagee
variable costs
multi modal
12. The most frequently occuring value in a group of data
risk
mode
parameter
mortgage
13. A comparison of two numbers
interest
ratio
compounded monthly
compounded quarterly
14. The length of the loan
p.a.
capital cost allowance
term
mortgagor
15. The price after any down-payment or trade-in
mean
front-loaded
net capitalized cost
amortization period
16. The owner of the property
amortization period
lessor
mean
divisor
17. The amount of money borrowed is less than 75% of the purchase price
weighted average
shares
conventional mortgage
variable costs
18. Something that is expected to return a profit
cash flow
investment
high-ratio mortgage
ratio
19. The interest amount is small - but you are guaranteed to get something
complete enumeration survey
maximum
sales commission
low risk investment
20. Shows the money coming in and expenses for a certain period of time.
sample
special discounts
income statement
the two main types of shares
21. Share of the profits of a company
trade discount
dividend
the four helpful calculating tools
bottom line figures
22. Money given to someone on condition the person will return the money and interest by a specific date
lessee
conventional mortgage
lease
loan
23. Per annum - yearly
p.a.
the four helpful calculating tools
lessee
high-ratio mortgage
24. Per day
population
compounded interest
per diem
capital cost allowance
25. Money earned on an investment or paid on a loan
interest
price earnings ratios
foreclosure
multiplicand
26. The difference between the highest and lowest numbers in a set of data
the four helpful calculating tools
range
mortgagor
sample
27. A chart that shows the balance of the mortgage after each amortization period
simple interest
income statement
amortization schedule
population
28. A bill
the four helpful calculating tools
invoice
compounded daily
complete enumeration survey
29. A complete set of individuals - objects or scores being studied
variable
front-loaded
compounded annually
population
30. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
simple interest
income statement
lessor
31. used when the each piece of data has more than one component
sensitivity analysis
range
personal property
weighted average
32. Interest calculated on the principal plus any accumulated interest
sales commission
residual value
capital cost allowance
compounded interest
33. Parts of a whole number
price earnings ratios
lessor
fractions
sample
34. A loan
mode
mortgage
dividend
multiplicand
35. Provide a specific dividend that is paid before any dividends are paid to common stock holders
parameter
simple interest
preference shares
loan
36. Security for a loan
complete enumeration survey
percent
collateral
chain discounts
37. Preference and common
the two main types of shares
term
special discounts
balance sheet
38. Simple and compound
the two types of interest
lessee
income statement
sales commission
39. Non-payment
overtime
default
minimum
real property
40. A rate that one currency can be exchanged for another
balance sheet
foreign currency exchange
shares
proportion
41. you may get a large return or get nothing
special discounts
investment
high risk investment
income statement
42. Amount of money coming in and going out of your business monthly
cash flow
foreclosure
cash discounts
variable
43. An item of data the stays the same
percent
lessor
residual value
constant
44. The process of repossessing and selling the real or personal property when the borrower has defaulted
high-ratio mortgage
personal property
foreclosure
divisor
45. An item of data that has a different value at different times
median
maximum
variable
balance sheet
46. Investing in a well-established company
default
medium risk investment
front-loaded
per diem
47. Paid in full
default
retired or amortized
break even point
money factor
48. Where info is collected for every unit of the population
low risk investment
median
complete enumeration survey
lessor
49. real estate (houses - condos - warehouses - factories - etc)
common shares
interest
sensitivity analysis
real property
50. The total of units multiplied by the price
extention
bonds
range
percent