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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. Commission fee - inflation rate - capital gains tax
variable
the two types of interest
the three items that may have to be subracted from the gross return figure when calculating net return
extention
2. Time worked beyond the established working hours
real property
loan
compounded monthly
overtime
3. Provide a specific dividend that is paid before any dividends are paid to common stock holders
variable costs
percent
liabilities
preference shares
4. An item of data that has a different value at different times
overtime
capital cost allowance
variable
foreclosure
5. Algebraic - arithmetic
the two methods calculators use to process information
per diem
simple interest
front-loaded
6. Amounts of money you owe
maximum
liabilities
multiplier
bottom line figures
7. The first number
multiplicand
dividend
weighted average
divisor
8. Money given to someone on condition the person will return the money and interest by a specific date
sample
amortization period
loan
constant
9. The amount of money borrowed is less than 75% of the purchase price
the four helpful calculating tools
conventional mortgage
shares
cross-footing
10. Per annum - yearly
p.a.
divisor
capital cost allowance
complete enumeration survey
11. Deciding if its worth the risk
investment
mortgagor
sensitivity analysis
the two methods calculators use to process information
12. The borrower
term
mortgagor
constant
liabilities
13. Costs that fluctuate
real property
risk
capital cost allowance
variable costs
14. Number calculated from population data
parameter
foreign currency exchange
mortgagee
the two types of interest
15. Interest is paid once a year
amortization period
median
compounded annually
retired or amortized
16. The price after any down-payment or trade-in
net capitalized cost
lessee
dividend
capital cost allowance
17. A complete set of individuals - objects or scores being studied
personal property
mean
complete enumeration survey
population
18. Non-payment
amortization period
fractions
default
lessee
19. The owner of the property
lessor
population
overtime
term
20. The process of repossessing and selling the real or personal property when the borrower has defaulted
the three items that may have to be subracted from the gross return figure when calculating net return
foreclosure
complete enumeration survey
simple interest
21. The length of time until the debt is zero
compounded monthly
compounded interest
residual value
amortization period
22. A contract giving someone the right to use something for a certain length of time
weighted average
investment
the two main types of shares
lease
23. The total of units multiplied by the price
residual value
cash discounts
p.a.
extention
24. Discounts offered to encourage customers to pay their bills on time
statistic
mortgagor
cash discounts
proportion
25. (simple average) adding the group of items and dividing by the total number of items
mean
compounded sem-annually
bonds
multiplier
26. More than one frequently occuring value in a group of data
multi modal
lease
foreign currency exchange
trade discount
27. When two ratios are equal
preference shares
multi modal
range
proportion
28. Shows the assets - liabilities and financial position of the company
residual value
front-loaded
balance sheet
parameter
29. real estate (houses - condos - warehouses - factories - etc)
divisor
range
real property
mortgagee
30. The amount of money borrowed is between 75% - 95% of the purchase price
the four helpful calculating tools
dividend
median
high-ratio mortgage
31. The depreciation of an asset as an expense
special discounts
capital cost allowance
conventional mortgage
low risk investment
32. loans to companies or goverments (no voting rights)
common shares
bonds
proportion
fixed costs
33. Money earned on an investment or paid on a loan
cross-footing
mode
interest
sensitivity analysis
34. Simple and compound
cash discounts
variable
the two types of interest
foreign currency exchange
35. A loan
complete enumeration survey
divisor
cross-footing
mortgage
36. Interest is paid twelve times a year
loan
bottom line figures
mortgagee
compounded monthly
37. you may get a large return or get nothing
multiplicand
foreign currency exchange
per diem
high risk investment
38. The person paying to borrow property for a certain amount of time for payments
chain discounts
lessee
sensitivity analysis
special discounts
39. A comparison of two numbers
multiplier
fractions
ratio
special discounts
40. The amount the property is worth at the end of the lease
residual value
divisor
preference shares
high-ratio mortgage
41. The money paid to an employee based on a percentage of their sales
default
sales commission
mortgagee
the three items that may have to be subracted from the gross return figure when calculating net return
42. Paid in full
retired or amortized
capital cost allowance
cash discounts
interest
43. Parts of a whole number
price earnings ratios
liabilities
fractions
the four helpful calculating tools
44. Things you own
assets
special discounts
amortization schedule
fractions
45. Interest is paid twice a year
variable costs
collateral
compounded sem-annually
p.a.
46. A portion of the population being studied
the two main types of shares
cash discounts
sample
variable
47. Security for a loan
capital cost allowance
collateral
high-ratio mortgage
special discounts
48. The info collected from a survey and the figures generated through statistical analysis
p.a.
bonds
ratio
data
49. Per day
assets
ratio
retired or amortized
per diem
50. A percentage discount to customers
parameter
net capitalized cost
loan
special discounts