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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 majority of the early payments go toward paying the interest on the loan
constant
front-loaded
per diem
multi modal
2. The point where income and expenses intersect (no loss or profit)
break even point
cash discounts
fixed costs
conventional mortgage
3. The lender
overtime
net capitalized cost
compounded sem-annually
mortgagee
4. Interest is paid twelve times a year
compounded quarterly
price earnings ratios
compounded monthly
cash flow
5. The amount the property is worth at the end of the lease
simple interest
bottom line figures
residual value
the four helpful calculating tools
6. The unexpected variablility of returns
extention
minimum
risk
mean
7. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
risk
real property
per diem
8. loans to companies or goverments (no voting rights)
fractions
compounded interest
money factor
bonds
9. The lowest number in a group of data
minimum
mortgagor
compounded monthly
chain discounts
10. The total of units multiplied by the price
liabilities
extention
medium risk investment
cross-footing
11. A complete set of individuals - objects or scores being studied
population
shares
break even point
mortgage
12. A decimal figure when x by 2400 gives an approximate annual interest rate
the three items that may have to be subracted from the gross return figure when calculating net return
chain discounts
per diem
money factor
13. Security for a loan
mortgagee
multiplier
low risk investment
collateral
14. Interest calculated on the principal plus any accumulated interest
compounded interest
statistic
the two methods calculators use to process information
variable costs
15. A number calculated from sample data
the two methods calculators use to process information
statistic
foreign currency exchange
variable
16. Provide a specific dividend that is paid before any dividends are paid to common stock holders
constant
balance sheet
preference shares
lessor
17. Commission fee - inflation rate - capital gains tax
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
loan
data
18. Property other than real estate (often called a chattel mortgage)
conventional mortgage
personal property
preference shares
multi modal
19. Interest is paid 365 times a year
data
multiplicand
cash discounts
compounded daily
20. Where info is collected for every unit of the population
parameter
complete enumeration survey
risk
compounded monthly
21. The score that falls in the middle
divisor
multi modal
median
sensitivity analysis
22. Shows the money coming in and expenses for a certain period of time.
income statement
parameter
complete enumeration survey
dividend
23. Adding columns of figures horizontally and vertically to check that the totals agree
money factor
cross-footing
multiplier
the three items that may have to be subracted from the gross return figure when calculating net return
24. The difference between the highest and lowest numbers in a set of data
per diem
high risk investment
maximum
range
25. Part ownership in a company
low risk investment
mortgagee
shares
sample
26. of one hundred
capital cost allowance
personal property
cash flow
percent
27. The amount of money borrowed is less than 75% of the purchase price
liabilities
conventional mortgage
sample
fractions
28. A contract giving someone the right to use something for a certain length of time
chain discounts
lease
multi modal
trade discount
29. The amount of money borrowed is between 75% - 95% of the purchase price
interest
collateral
low risk investment
high-ratio mortgage
30. A bill
variable costs
amortization schedule
residual value
invoice
31. The highest number in a group of data
maximum
low risk investment
the two types of interest
variable
32. (simple average) adding the group of items and dividing by the total number of items
residual value
mean
low risk investment
the two types of interest
33. A comparison of two numbers
per diem
parameter
ratio
amortization period
34. Per annum - yearly
maximum
parameter
p.a.
population
35. Per day
constant
balance sheet
per diem
population
36. When two ratios are equal
proportion
multiplicand
variable
data
37. The number to be divided by
population
dividend
foreclosure
divisor
38. Investing in a well-established company
fixed costs
income statement
medium risk investment
shares
39. The person paying to borrow property for a certain amount of time for payments
variable
lessee
compounded annually
assets
40. An item of data that has a different value at different times
mortgagee
variable
real property
compounded sem-annually
41. The number you are dividing by
balance sheet
residual value
divisor
mortgagor
42. The length of the loan
term
bottom line figures
residual value
sales commission
43. The info collected from a survey and the figures generated through statistical analysis
amortization period
data
multi modal
retired or amortized
44. The depreciation of an asset as an expense
chain discounts
capital cost allowance
range
dividend
45. Money given to someone on condition the person will return the money and interest by a specific date
sample
common shares
cash discounts
loan
46. Time worked beyond the established working hours
multiplicand
lessee
overtime
real property
47. The most frequently occuring value in a group of data
lease
mode
variable costs
extention
48. A percentage discount to customers
price earnings ratios
assets
parameter
special discounts
49. Indicators of the confidence investors have in a company (the higher the better)
chain discounts
price earnings ratios
the four helpful calculating tools
sensitivity analysis
50. Parts of a whole number
statistic
the two methods calculators use to process information
fractions
risk