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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. The person paying to borrow property for a certain amount of time for payments
overtime
lessee
the two main types of shares
interest
2. The most frequently occuring value in a group of data
fractions
mode
ratio
mortgagee
3. Amount of money coming in and going out of your business monthly
cash flow
compounded daily
constant
retired or amortized
4. Preference and common
mode
mortgage
the two main types of shares
compounded daily
5. Algebraic - arithmetic
dividend
the two methods calculators use to process information
sample
sales commission
6. The money paid to an employee based on a percentage of their sales
simple interest
sales commission
risk
mean
7. Shows the money coming in and expenses for a certain period of time.
income statement
real property
multiplier
mode
8. The highest number in a group of data
the two main types of shares
data
bonds
maximum
9. A chart that shows the balance of the mortgage after each amortization period
overtime
constant
capital cost allowance
amortization schedule
10. The unexpected variablility of returns
mean
retired or amortized
risk
sales commission
11. Things you own
assets
invoice
loan
balance sheet
12. loans to companies or goverments (no voting rights)
term
lease
bonds
multiplier
13. The majority of the early payments go toward paying the interest on the loan
compounded interest
front-loaded
invoice
bonds
14. The amount the property is worth at the end of the lease
residual value
fixed costs
complete enumeration survey
mortgagor
15. A complete set of individuals - objects or scores being studied
the two types of interest
the three items that may have to be subracted from the gross return figure when calculating net return
population
low risk investment
16. A bill
dividend
real property
low risk investment
invoice
17. The lender
range
mortgagee
term
lessor
18. Paid dividends after the preference shares have been paid
population
bottom line figures
common shares
amortization schedule
19. Discounts offered to encourage customers to pay their bills on time
chain discounts
common shares
cash discounts
constant
20. Security for a loan
residual value
collateral
invoice
compounded monthly
21. Paid in full
retired or amortized
term
constant
data
22. electronic - portable (pocket) - computer - spreadsheets
foreign currency exchange
mode
cross-footing
the four helpful calculating tools
23. The length of time until the debt is zero
amortization period
trade discount
p.a.
population
24. (simple average) adding the group of items and dividing by the total number of items
mode
multi modal
mean
lease
25. A percentage discount for buyers associated with the products being sold
range
foreign currency exchange
capital cost allowance
trade discount
26. A percentage discount to customers
real property
mortgage
special discounts
price earnings ratios
27. Interest is paid twice a year
low risk investment
ratio
compounded sem-annually
interest
28. A portion of the population being studied
investment
sample
loan
shares
29. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
parameter
common shares
minimum
30. An item of data that has a different value at different times
invoice
investment
variable
net capitalized cost
31. Shows the assets - liabilities and financial position of the company
balance sheet
maximum
sensitivity analysis
interest
32. The final figures
lessor
dividend
bottom line figures
trade discount
33. Parts of a whole number
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
mortgagor
fractions
34. you may get a large return or get nothing
multiplicand
trade discount
high risk investment
money factor
35. real estate (houses - condos - warehouses - factories - etc)
mean
real property
collateral
variable costs
36. Commission fee - inflation rate - capital gains tax
compounded sem-annually
compounded quarterly
high-ratio mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
37. Interest is paid once a year
compounded interest
amortization period
compounded annually
range
38. The number you are multipliying by
overtime
amortization schedule
common shares
multiplier
39. Non-payment
capital cost allowance
conventional mortgage
default
front-loaded
40. Share of the profits of a company
income statement
front-loaded
mortgage
dividend
41. Interest calculated on the principal plus any accumulated interest
collateral
the two main types of shares
compounded interest
dividend
42. Costs that remain constant
break even point
fixed costs
chain discounts
weighted average
43. The info collected from a survey and the figures generated through statistical analysis
mode
data
percent
sample
44. The borrower
mortgagor
collateral
range
liabilities
45. Part ownership in a company
shares
percent
residual value
the two methods calculators use to process information
46. The process of repossessing and selling the real or personal property when the borrower has defaulted
parameter
foreclosure
money factor
lessor
47. The price after any down-payment or trade-in
variable costs
dividend
constant
net capitalized cost
48. Deciding if its worth the risk
cross-footing
medium risk investment
foreclosure
sensitivity analysis
49. A comparison of two numbers
the four helpful calculating tools
front-loaded
ratio
preference shares
50. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
compounded sem-annually
simple interest
cash flow