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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. Indicators of the confidence investors have in a company (the higher the better)
default
simple interest
common shares
price earnings ratios
2. When two ratios are equal
bonds
personal property
proportion
cash discounts
3. The depreciation of an asset as an expense
compounded interest
real property
capital cost allowance
money factor
4. Interest is paid twelve times a year
cash discounts
real property
compounded monthly
amortization period
5. Something that is expected to return a profit
high-ratio mortgage
investment
the two methods calculators use to process information
sensitivity analysis
6. The length of time until the debt is zero
amortization period
investment
capital cost allowance
lease
7. Paid in full
multiplier
variable costs
default
retired or amortized
8. (simple average) adding the group of items and dividing by the total number of items
compounded annually
mean
liabilities
break even point
9. Amount of money coming in and going out of your business monthly
range
cash flow
multiplier
personal property
10. Share of the profits of a company
statistic
dividend
lessee
median
11. The majority of the early payments go toward paying the interest on the loan
balance sheet
front-loaded
mean
cross-footing
12. The number you are multipliying by
real property
liabilities
medium risk investment
multiplier
13. A complete set of individuals - objects or scores being studied
bonds
real property
population
sales commission
14. Where info is collected for every unit of the population
high risk investment
multiplier
complete enumeration survey
divisor
15. Paid dividends after the preference shares have been paid
multiplicand
common shares
collateral
mode
16. A contract giving someone the right to use something for a certain length of time
mode
lease
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
17. The process of repossessing and selling the real or personal property when the borrower has defaulted
divisor
the two main types of shares
foreclosure
compounded sem-annually
18. The owner of the property
lessor
range
maximum
liabilities
19. Deciding if its worth the risk
personal property
liabilities
sensitivity analysis
lessee
20. A loan
variable costs
compounded daily
multiplicand
mortgage
21. Provide a specific dividend that is paid before any dividends are paid to common stock holders
per diem
constant
cross-footing
preference shares
22. The lowest number in a group of data
mode
bottom line figures
minimum
price earnings ratios
23. A percentage discount for buyers associated with the products being sold
per diem
trade discount
balance sheet
compounded quarterly
24. Costs that fluctuate
mortgage
variable costs
the two main types of shares
front-loaded
25. Number calculated from population data
variable costs
parameter
capital cost allowance
range
26. Money earned on an investment or paid on a loan
mortgage
interest
extention
compounded monthly
27. Interest is paid once a year
compounded annually
medium risk investment
fixed costs
default
28. The number to be divided by
mortgage
dividend
variable
extention
29. Adding columns of figures horizontally and vertically to check that the totals agree
compounded monthly
chain discounts
high-ratio mortgage
cross-footing
30. The difference between the highest and lowest numbers in a set of data
invoice
retired or amortized
range
low risk investment
31. The borrower
mortgagor
cash discounts
sensitivity analysis
term
32. A portion of the population being studied
mean
sample
retired or amortized
money factor
33. A bill
median
invoice
parameter
cash flow
34. An item of data the stays the same
residual value
common shares
multi modal
constant
35. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
multiplicand
liabilities
compounded quarterly
36. The person paying to borrow property for a certain amount of time for payments
range
lessee
foreign currency exchange
proportion
37. Shows the money coming in and expenses for a certain period of time.
income statement
compounded interest
price earnings ratios
break even point
38. The amount the property is worth at the end of the lease
residual value
trade discount
the two main types of shares
variable
39. Interest calculated on the principle
break even point
special discounts
p.a.
simple interest
40. The unexpected variablility of returns
special discounts
risk
common shares
capital cost allowance
41. Interest calculated on the principal plus any accumulated interest
sensitivity analysis
compounded interest
money factor
multiplicand
42. The highest number in a group of data
extention
minimum
statistic
maximum
43. A series of discounts
range
chain discounts
bonds
compounded sem-annually
44. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
median
term
residual value
45. you may get a large return or get nothing
high risk investment
fixed costs
price earnings ratios
lessee
46. Time worked beyond the established working hours
personal property
overtime
constant
sales commission
47. Algebraic - arithmetic
the two methods calculators use to process information
trade discount
low risk investment
mean
48. Per day
mean
liabilities
common shares
per diem
49. Money given to someone on condition the person will return the money and interest by a specific date
loan
range
liabilities
high risk investment
50. Amounts of money you owe
sample
risk
liabilities
compounded interest