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Test your basic knowledge |
DSST Business Math Vocab 2
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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 money paid to an employee based on a percentage of their sales
sales commission
fixed costs
weighted average
lease
2. Money earned on an investment or paid on a loan
interest
balance sheet
invoice
liabilities
3. More than one frequently occuring value in a group of data
cross-footing
high risk investment
p.a.
multi modal
4. A portion of the population being studied
multi modal
preference shares
capital cost allowance
sample
5. The owner of the property
real property
special discounts
compounded quarterly
lessor
6. used when the each piece of data has more than one component
weighted average
net capitalized cost
trade discount
variable costs
7. Part ownership in a company
shares
front-loaded
p.a.
mortgage
8. Money given to someone on condition the person will return the money and interest by a specific date
conventional mortgage
maximum
front-loaded
loan
9. Paid dividends after the preference shares have been paid
data
balance sheet
compounded monthly
common shares
10. The price after any down-payment or trade-in
compounded interest
mean
net capitalized cost
preference shares
11. Share of the profits of a company
constant
term
fractions
dividend
12. The number you are dividing by
compounded sem-annually
capital cost allowance
mortgagor
divisor
13. Interest is paid twelve times a year
front-loaded
the two methods calculators use to process information
compounded monthly
maximum
14. The info collected from a survey and the figures generated through statistical analysis
personal property
data
compounded quarterly
liabilities
15. Interest is paid 365 times a year
investment
mortgagee
compounded daily
mortgagor
16. The amount of money borrowed is less than 75% of the purchase price
mortgage
investment
conventional mortgage
sample
17. Shows the money coming in and expenses for a certain period of time.
capital cost allowance
income statement
lessee
retired or amortized
18. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
invoice
cash discounts
trade discount
19. Per day
complete enumeration survey
per diem
sensitivity analysis
high risk investment
20. The first number
multiplier
compounded interest
multiplicand
sensitivity analysis
21. A comparison of two numbers
low risk investment
proportion
compounded daily
ratio
22. Non-payment
trade discount
data
default
foreign currency exchange
23. Investing in a well-established company
ratio
compounded quarterly
medium risk investment
shares
24. Security for a loan
collateral
interest
investment
income statement
25. The depreciation of an asset as an expense
p.a.
medium risk investment
capital cost allowance
dividend
26. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
personal property
p.a.
mean
27. (simple average) adding the group of items and dividing by the total number of items
weighted average
residual value
simple interest
mean
28. The borrower
mortgagor
high risk investment
money factor
balance sheet
29. The highest number in a group of data
net capitalized cost
maximum
population
foreclosure
30. The lowest number in a group of data
minimum
compounded sem-annually
overtime
lease
31. The most frequently occuring value in a group of data
assets
cash discounts
collateral
mode
32. The final figures
lease
mode
bottom line figures
compounded daily
33. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
population
compounded interest
high risk investment
34. Deciding if its worth the risk
p.a.
sensitivity analysis
assets
amortization period
35. Interest is paid twice a year
interest
the three items that may have to be subracted from the gross return figure when calculating net return
compounded sem-annually
bonds
36. electronic - portable (pocket) - computer - spreadsheets
money factor
compounded annually
the four helpful calculating tools
fixed costs
37. Something that is expected to return a profit
investment
mode
the four helpful calculating tools
multiplicand
38. The difference between the highest and lowest numbers in a set of data
data
special discounts
range
foreclosure
39. of one hundred
mode
net capitalized cost
parameter
percent
40. The number to be divided by
foreclosure
invoice
trade discount
dividend
41. The length of the loan
multi modal
trade discount
complete enumeration survey
term
42. The person paying to borrow property for a certain amount of time for payments
residual value
lessee
low risk investment
variable costs
43. you may get a large return or get nothing
simple interest
fractions
high risk investment
chain discounts
44. The score that falls in the middle
lessor
cash discounts
high-ratio mortgage
median
45. A series of discounts
chain discounts
minimum
multiplicand
multi modal
46. Amounts of money you owe
the four helpful calculating tools
dividend
simple interest
liabilities
47. A rate that one currency can be exchanged for another
compounded monthly
extention
bonds
foreign currency exchange
48. Shows the assets - liabilities and financial position of the company
balance sheet
dividend
real property
money factor
49. real estate (houses - condos - warehouses - factories - etc)
front-loaded
simple interest
real property
cash discounts
50. Things you own
retired or amortized
variable costs
percent
assets
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