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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 comparison of two numbers
retired or amortized
compounded sem-annually
collateral
ratio
2. The amount of money borrowed is less than 75% of the purchase price
ratio
conventional mortgage
median
shares
3. The score that falls in the middle
medium risk investment
money factor
the two methods calculators use to process information
median
4. The length of the loan
statistic
term
high-ratio mortgage
compounded interest
5. The first number
percent
loan
multiplicand
mean
6. Property other than real estate (often called a chattel mortgage)
compounded annually
cash discounts
personal property
liabilities
7. A loan
ratio
variable
mortgage
bottom line figures
8. The number you are multipliying by
sales commission
multiplier
compounded interest
compounded monthly
9. Simple and compound
complete enumeration survey
the two types of interest
lessor
compounded daily
10. Indicators of the confidence investors have in a company (the higher the better)
money factor
price earnings ratios
mortgagor
term
11. Time worked beyond the established working hours
maximum
overtime
constant
compounded interest
12. Something that is expected to return a profit
multiplier
risk
conventional mortgage
investment
13. An item of data that has a different value at different times
variable
foreclosure
bonds
range
14. Parts of a whole number
invoice
amortization schedule
real property
fractions
15. used when the each piece of data has more than one component
loan
real property
weighted average
range
16. The number to be divided by
medium risk investment
multiplier
dividend
proportion
17. Share of the profits of a company
dividend
interest
balance sheet
divisor
18. loans to companies or goverments (no voting rights)
divisor
mortgage
mortgagor
bonds
19. More than one frequently occuring value in a group of data
multi modal
term
risk
money factor
20. Interest is paid twice a year
compounded sem-annually
maximum
capital cost allowance
median
21. Shows the assets - liabilities and financial position of the company
divisor
cash discounts
balance sheet
conventional mortgage
22. Paid in full
retired or amortized
collateral
compounded daily
high-ratio mortgage
23. Part ownership in a company
loan
weighted average
fractions
shares
24. The interest amount is small - but you are guaranteed to get something
compounded daily
personal property
liabilities
low risk investment
25. The amount the property is worth at the end of the lease
money factor
mortgage
simple interest
residual value
26. Interest is paid four times a year
special discounts
compounded quarterly
dividend
the four helpful calculating tools
27. Deciding if its worth the risk
trade discount
fixed costs
cash discounts
sensitivity analysis
28. Provide a specific dividend that is paid before any dividends are paid to common stock holders
capital cost allowance
preference shares
default
special discounts
29. Money earned on an investment or paid on a loan
interest
cash flow
money factor
bonds
30. The length of time until the debt is zero
mortgagor
minimum
amortization period
range
31. A complete set of individuals - objects or scores being studied
fixed costs
variable
population
dividend
32. Adding columns of figures horizontally and vertically to check that the totals agree
compounded annually
cross-footing
fractions
mean
33. The amount of money borrowed is between 75% - 95% of the purchase price
lessor
compounded annually
medium risk investment
high-ratio mortgage
34. Interest calculated on the principle
parameter
front-loaded
special discounts
simple interest
35. A chart that shows the balance of the mortgage after each amortization period
trade discount
retired or amortized
chain discounts
amortization schedule
36. A series of discounts
break even point
real property
high-ratio mortgage
chain discounts
37. Number calculated from population data
mortgagor
cash flow
term
parameter
38. The info collected from a survey and the figures generated through statistical analysis
loan
cash discounts
sample
data
39. A bill
amortization schedule
multiplicand
cross-footing
invoice
40. The person paying to borrow property for a certain amount of time for payments
compounded quarterly
lessee
break even point
simple interest
41. An item of data the stays the same
minimum
residual value
constant
the four helpful calculating tools
42. Non-payment
default
risk
special discounts
mortgagee
43. Security for a loan
default
personal property
collateral
the two main types of shares
44. Money given to someone on condition the person will return the money and interest by a specific date
the two types of interest
capital cost allowance
loan
real property
45. Per day
percent
per diem
medium risk investment
capital cost allowance
46. When two ratios are equal
amortization schedule
retired or amortized
proportion
trade discount
47. Amounts of money you owe
amortization schedule
liabilities
compounded daily
risk
48. The depreciation of an asset as an expense
income statement
minimum
capital cost allowance
dividend
49. The final figures
bottom line figures
cross-footing
compounded daily
variable
50. electronic - portable (pocket) - computer - spreadsheets
bonds
the four helpful calculating tools
compounded daily
cash discounts