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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Simple and compound
parameter
the two types of interest
retired or amortized
data
2. The money paid to an employee based on a percentage of their sales
extention
proportion
sales commission
mortgagee
3. Interest calculated on the principal plus any accumulated interest
compounded quarterly
percent
compounded interest
the two methods calculators use to process information
4. Part ownership in a company
multiplier
amortization schedule
simple interest
shares
5. Things you own
fractions
net capitalized cost
assets
simple interest
6. Interest is paid once a year
data
statistic
sample
compounded annually
7. The person paying to borrow property for a certain amount of time for payments
compounded interest
lessee
foreign currency exchange
term
8. Share of the profits of a company
real property
lessee
price earnings ratios
dividend
9. A comparison of two numbers
parameter
ratio
balance sheet
mortgage
10. Shows the assets - liabilities and financial position of the company
balance sheet
the four helpful calculating tools
lessee
multiplicand
11. The length of time until the debt is zero
common shares
variable
special discounts
amortization period
12. The first number
range
ratio
multiplicand
amortization period
13. Where info is collected for every unit of the population
preference shares
cash discounts
complete enumeration survey
sales commission
14. Indicators of the confidence investors have in a company (the higher the better)
extention
cash discounts
shares
price earnings ratios
15. The most frequently occuring value in a group of data
foreclosure
mode
the three items that may have to be subracted from the gross return figure when calculating net return
p.a.
16. Discounts offered to encourage customers to pay their bills on time
cash discounts
break even point
special discounts
net capitalized cost
17. Algebraic - arithmetic
common shares
foreclosure
the two methods calculators use to process information
mean
18. A chart that shows the balance of the mortgage after each amortization period
cross-footing
range
amortization schedule
retired or amortized
19. Number calculated from population data
parameter
price earnings ratios
break even point
per diem
20. A portion of the population being studied
foreign currency exchange
sample
default
the two main types of shares
21. A complete set of individuals - objects or scores being studied
overtime
population
term
variable costs
22. A number calculated from sample data
the two types of interest
statistic
proportion
overtime
23. The unexpected variablility of returns
risk
multi modal
overtime
maximum
24. The number to be divided by
dividend
cash flow
cross-footing
special discounts
25. Costs that remain constant
parameter
compounded sem-annually
the two types of interest
fixed costs
26. Parts of a whole number
multiplicand
fractions
sensitivity analysis
liabilities
27. Costs that fluctuate
ratio
p.a.
sensitivity analysis
variable costs
28. A bill
amortization period
invoice
mode
multi modal
29. The lowest number in a group of data
shares
term
risk
minimum
30. An item of data the stays the same
cash flow
multiplier
constant
simple interest
31. Money given to someone on condition the person will return the money and interest by a specific date
cross-footing
high risk investment
loan
range
32. Paid in full
the two methods calculators use to process information
retired or amortized
ratio
mean
33. More than one frequently occuring value in a group of data
multiplier
retired or amortized
amortization schedule
multi modal
34. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
lessor
multiplicand
range
35. The majority of the early payments go toward paying the interest on the loan
amortization period
liabilities
front-loaded
cash flow
36. Property other than real estate (often called a chattel mortgage)
sales commission
personal property
multiplier
amortization period
37. Amounts of money you owe
chain discounts
cross-footing
shares
liabilities
38. Interest calculated on the principle
compounded sem-annually
term
compounded daily
simple interest
39. used when the each piece of data has more than one component
weighted average
overtime
proportion
the two types of interest
40. The difference between the highest and lowest numbers in a set of data
multiplicand
lease
high risk investment
range
41. The amount the property is worth at the end of the lease
parameter
liabilities
residual value
weighted average
42. The lender
overtime
dividend
high risk investment
mortgagee
43. Security for a loan
money factor
collateral
sensitivity analysis
amortization schedule
44. The info collected from a survey and the figures generated through statistical analysis
lease
income statement
median
data
45. Commission fee - inflation rate - capital gains tax
sales commission
capital cost allowance
medium risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
46. Something that is expected to return a profit
compounded interest
investment
percent
constant
47. The final figures
multiplier
bonds
dividend
bottom line figures
48. The score that falls in the middle
retired or amortized
low risk investment
multiplicand
median
49. A percentage discount to customers
investment
special discounts
mortgage
divisor
50. The depreciation of an asset as an expense
cash flow
capital cost allowance
ratio
statistic
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