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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 lowest number in a group of data
minimum
data
loan
statistic
2. The score that falls in the middle
median
sensitivity analysis
constant
cash discounts
3. A number calculated from sample data
money factor
statistic
real property
break even point
4. The number you are multipliying by
capital cost allowance
shares
multiplier
p.a.
5. Things you own
compounded quarterly
chain discounts
mean
assets
6. Something that is expected to return a profit
median
break even point
cash flow
investment
7. A chart that shows the balance of the mortgage after each amortization period
variable
amortization schedule
balance sheet
personal property
8. The depreciation of an asset as an expense
the two methods calculators use to process information
liabilities
capital cost allowance
preference shares
9. The interest amount is small - but you are guaranteed to get something
common shares
bonds
low risk investment
weighted average
10. Interest is paid twelve times a year
compounded monthly
compounded interest
compounded annually
percent
11. A percentage discount for buyers associated with the products being sold
cash flow
trade discount
weighted average
fixed costs
12. The length of time until the debt is zero
amortization period
sales commission
loan
collateral
13. Per annum - yearly
multiplier
compounded daily
p.a.
liabilities
14. A bill
invoice
foreclosure
divisor
fractions
15. Amount of money coming in and going out of your business monthly
simple interest
bottom line figures
foreign currency exchange
cash flow
16. A decimal figure when x by 2400 gives an approximate annual interest rate
liabilities
residual value
collateral
money factor
17. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
cross-footing
bonds
high-ratio mortgage
18. Interest is paid 365 times a year
real property
compounded daily
variable
price earnings ratios
19. of one hundred
percent
lease
range
data
20. Interest calculated on the principal plus any accumulated interest
front-loaded
median
compounded interest
loan
21. The owner of the property
complete enumeration survey
multiplicand
multi modal
lessor
22. you may get a large return or get nothing
the three items that may have to be subracted from the gross return figure when calculating net return
compounded interest
high risk investment
sales commission
23. Number calculated from population data
parameter
special discounts
bonds
compounded sem-annually
24. The number you are dividing by
p.a.
divisor
default
conventional mortgage
25. Amounts of money you owe
range
conventional mortgage
multi modal
liabilities
26. A portion of the population being studied
divisor
extention
sample
trade discount
27. Deciding if its worth the risk
lease
net capitalized cost
multiplicand
sensitivity analysis
28. Parts of a whole number
fractions
compounded monthly
invoice
loan
29. (simple average) adding the group of items and dividing by the total number of items
sales commission
mean
proportion
mode
30. Provide a specific dividend that is paid before any dividends are paid to common stock holders
risk
preference shares
loan
parameter
31. The length of the loan
default
weighted average
trade discount
term
32. The person paying to borrow property for a certain amount of time for payments
the two types of interest
lessee
percent
invoice
33. A rate that one currency can be exchanged for another
term
low risk investment
the two main types of shares
foreign currency exchange
34. The lender
ratio
amortization schedule
mortgagee
range
35. Interest is paid twice a year
simple interest
the two types of interest
foreclosure
compounded sem-annually
36. The majority of the early payments go toward paying the interest on the loan
multiplicand
median
cash discounts
front-loaded
37. Money earned on an investment or paid on a loan
interest
data
extention
multiplicand
38. Part ownership in a company
shares
common shares
weighted average
mortgagor
39. Commission fee - inflation rate - capital gains tax
amortization schedule
the three items that may have to be subracted from the gross return figure when calculating net return
the two methods calculators use to process information
bottom line figures
40. The amount the property is worth at the end of the lease
multi modal
compounded quarterly
range
residual value
41. The highest number in a group of data
mortgage
maximum
dividend
simple interest
42. The borrower
minimum
mortgagor
residual value
p.a.
43. The final figures
shares
bottom line figures
variable
minimum
44. The money paid to an employee based on a percentage of their sales
risk
sales commission
sensitivity analysis
the three items that may have to be subracted from the gross return figure when calculating net return
45. Interest is paid four times a year
compounded quarterly
fractions
statistic
compounded sem-annually
46. Interest is paid once a year
divisor
the three items that may have to be subracted from the gross return figure when calculating net return
compounded annually
front-loaded
47. A complete set of individuals - objects or scores being studied
population
the four helpful calculating tools
default
fixed costs
48. The number to be divided by
compounded quarterly
the four helpful calculating tools
foreclosure
dividend
49. The total of units multiplied by the price
extention
medium risk investment
mortgage
median
50. Discounts offered to encourage customers to pay their bills on time
cross-footing
cash discounts
sensitivity analysis
the three items that may have to be subracted from the gross return figure when calculating net return