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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. Amount of money coming in and going out of your business monthly
cash flow
mean
mode
bottom line figures
2. Money earned on an investment or paid on a loan
amortization schedule
the three items that may have to be subracted from the gross return figure when calculating net return
interest
trade discount
3. The difference between the highest and lowest numbers in a set of data
fractions
default
range
the three items that may have to be subracted from the gross return figure when calculating net return
4. A contract giving someone the right to use something for a certain length of time
statistic
lease
variable
personal property
5. The point where income and expenses intersect (no loss or profit)
compounded sem-annually
break even point
retired or amortized
compounded quarterly
6. The number you are dividing by
mortgage
retired or amortized
cash discounts
divisor
7. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
low risk investment
fractions
mode
8. The lowest number in a group of data
loan
retired or amortized
minimum
mortgagee
9. Interest is paid twelve times a year
price earnings ratios
cash discounts
compounded monthly
parameter
10. Simple and compound
data
minimum
the two types of interest
investment
11. real estate (houses - condos - warehouses - factories - etc)
compounded quarterly
multi modal
real property
compounded daily
12. The unexpected variablility of returns
risk
bonds
proportion
interest
13. Interest is paid twice a year
compounded annually
compounded sem-annually
maximum
bottom line figures
14. An item of data that has a different value at different times
divisor
income statement
conventional mortgage
variable
15. The borrower
range
multiplier
lessor
mortgagor
16. electronic - portable (pocket) - computer - spreadsheets
per diem
the four helpful calculating tools
collateral
lease
17. loans to companies or goverments (no voting rights)
net capitalized cost
front-loaded
bonds
variable
18. The length of time until the debt is zero
dividend
cross-footing
amortization period
high-ratio mortgage
19. The number you are multipliying by
multiplier
chain discounts
percent
loan
20. A rate that one currency can be exchanged for another
risk
foreign currency exchange
conventional mortgage
simple interest
21. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
variable costs
interest
capital cost allowance
22. Money given to someone on condition the person will return the money and interest by a specific date
loan
mortgagor
mean
extention
23. A chart that shows the balance of the mortgage after each amortization period
amortization period
balance sheet
bottom line figures
amortization schedule
24. Paid in full
invoice
retired or amortized
ratio
extention
25. Where info is collected for every unit of the population
common shares
complete enumeration survey
real property
capital cost allowance
26. A bill
invoice
compounded daily
mortgagee
conventional mortgage
27. Interest is paid four times a year
high risk investment
p.a.
compounded quarterly
foreclosure
28. A complete set of individuals - objects or scores being studied
proportion
population
loan
fixed costs
29. Interest calculated on the principle
retired or amortized
compounded quarterly
income statement
simple interest
30. A percentage discount for buyers associated with the products being sold
term
trade discount
proportion
cash flow
31. Security for a loan
preference shares
liabilities
collateral
mortgagor
32. Preference and common
residual value
the two main types of shares
chain discounts
cash discounts
33. Shows the money coming in and expenses for a certain period of time.
sensitivity analysis
population
income statement
variable costs
34. Interest calculated on the principal plus any accumulated interest
real property
term
bottom line figures
compounded interest
35. Non-payment
the four helpful calculating tools
default
liabilities
mode
36. The score that falls in the middle
real property
cash discounts
maximum
median
37. Deciding if its worth the risk
divisor
high risk investment
term
sensitivity analysis
38. The depreciation of an asset as an expense
capital cost allowance
investment
amortization period
amortization schedule
39. The length of the loan
mode
the three items that may have to be subracted from the gross return figure when calculating net return
term
break even point
40. you may get a large return or get nothing
the two main types of shares
bottom line figures
per diem
high risk investment
41. Shows the assets - liabilities and financial position of the company
the three items that may have to be subracted from the gross return figure when calculating net return
constant
investment
balance sheet
42. The first number
foreclosure
mortgagee
invoice
multiplicand
43. Interest is paid once a year
extention
mortgagor
high-ratio mortgage
compounded annually
44. Discounts offered to encourage customers to pay their bills on time
cash discounts
range
proportion
interest
45. Investing in a well-established company
compounded interest
term
medium risk investment
balance sheet
46. Amounts of money you owe
compounded annually
low risk investment
cash flow
liabilities
47. When two ratios are equal
default
proportion
price earnings ratios
the four helpful calculating tools
48. A portion of the population being studied
trade discount
sample
personal property
variable costs
49. The person paying to borrow property for a certain amount of time for payments
dividend
sensitivity analysis
the four helpful calculating tools
lessee
50. 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
assets
lease
compounded interest
Can you answer 50 questions in 15 minutes?
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