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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. A bill
front-loaded
invoice
liabilities
retired or amortized
2. Things you own
complete enumeration survey
compounded daily
assets
median
3. Provide a specific dividend that is paid before any dividends are paid to common stock holders
conventional mortgage
mortgagor
variable
preference shares
4. The person paying to borrow property for a certain amount of time for payments
dividend
lessee
proportion
default
5. The highest number in a group of data
data
amortization schedule
the two methods calculators use to process information
maximum
6. Amount of money coming in and going out of your business monthly
mode
p.a.
cash flow
median
7. A rate that one currency can be exchanged for another
foreign currency exchange
maximum
the three items that may have to be subracted from the gross return figure when calculating net return
extention
8. Money earned on an investment or paid on a loan
multiplier
bonds
invoice
interest
9. Deciding if its worth the risk
parameter
maximum
medium risk investment
sensitivity analysis
10. More than one frequently occuring value in a group of data
the two methods calculators use to process information
the three items that may have to be subracted from the gross return figure when calculating net return
the four helpful calculating tools
multi modal
11. The interest amount is small - but you are guaranteed to get something
data
sample
assets
low risk investment
12. The number you are dividing by
real property
divisor
proportion
complete enumeration survey
13. Paid dividends after the preference shares have been paid
population
common shares
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
14. Interest is paid twice a year
the two methods calculators use to process information
p.a.
the three items that may have to be subracted from the gross return figure when calculating net return
compounded sem-annually
15. Non-payment
high-ratio mortgage
collateral
real property
default
16. A number calculated from sample data
cash discounts
multiplicand
statistic
dividend
17. A series of discounts
default
preference shares
chain discounts
foreclosure
18. A chart that shows the balance of the mortgage after each amortization period
compounded quarterly
cash flow
amortization schedule
multi modal
19. The final figures
assets
sample
bottom line figures
mortgagor
20. Property other than real estate (often called a chattel mortgage)
data
personal property
overtime
mean
21. Interest calculated on the principle
simple interest
income statement
residual value
retired or amortized
22. The price after any down-payment or trade-in
mortgagee
net capitalized cost
high-ratio mortgage
the four helpful calculating tools
23. loans to companies or goverments (no voting rights)
compounded annually
lessor
bonds
personal property
24. The borrower
mortgage
chain discounts
mortgagor
simple interest
25. A complete set of individuals - objects or scores being studied
collateral
population
multi modal
risk
26. Amounts of money you owe
liabilities
lease
sales commission
bottom line figures
27. Interest is paid four times a year
compounded quarterly
median
data
parameter
28. Parts of a whole number
dividend
personal property
amortization schedule
fractions
29. The most frequently occuring value in a group of data
extention
lessee
median
mode
30. The number to be divided by
mean
bottom line figures
term
dividend
31. When two ratios are equal
compounded monthly
proportion
dividend
bonds
32. Money given to someone on condition the person will return the money and interest by a specific date
loan
complete enumeration survey
conventional mortgage
compounded monthly
33. The first number
overtime
balance sheet
proportion
multiplicand
34. The info collected from a survey and the figures generated through statistical analysis
multiplicand
amortization schedule
data
liabilities
35. A portion of the population being studied
mortgagee
net capitalized cost
loan
sample
36. real estate (houses - condos - warehouses - factories - etc)
chain discounts
interest
real property
foreclosure
37. A percentage discount to customers
front-loaded
special discounts
multiplicand
multi modal
38. The total of units multiplied by the price
collateral
extention
mortgagee
high risk investment
39. Adding columns of figures horizontally and vertically to check that the totals agree
the two methods calculators use to process information
dividend
shares
cross-footing
40. An item of data the stays the same
variable
simple interest
ratio
constant
41. The number you are multipliying by
overtime
multiplier
sensitivity analysis
capital cost allowance
42. The lender
mortgagee
capital cost allowance
variable
compounded interest
43. Part ownership in a company
sample
price earnings ratios
shares
personal property
44. Number calculated from population data
conventional mortgage
the two methods calculators use to process information
parameter
lessee
45. The unexpected variablility of returns
risk
loan
complete enumeration survey
collateral
46. A loan
sensitivity analysis
lease
dividend
mortgage
47. used when the each piece of data has more than one component
weighted average
interest
simple interest
assets
48. The majority of the early payments go toward paying the interest on the loan
balance sheet
weighted average
cash discounts
front-loaded
49. Commission fee - inflation rate - capital gains tax
bottom line figures
the three items that may have to be subracted from the gross return figure when calculating net return
special discounts
parameter
50. Time worked beyond the established working hours
sample
fractions
overtime
special discounts
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