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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. Shows the assets - liabilities and financial position of the company
compounded daily
statistic
mortgage
balance sheet
2. Parts of a whole number
statistic
investment
fractions
residual value
3. A rate that one currency can be exchanged for another
overtime
foreign currency exchange
the two main types of shares
conventional mortgage
4. Discounts offered to encourage customers to pay their bills on time
cash discounts
sensitivity analysis
median
compounded monthly
5. An item of data the stays the same
compounded quarterly
constant
term
compounded monthly
6. Per day
multiplicand
per diem
cash flow
compounded daily
7. Part ownership in a company
the four helpful calculating tools
compounded annually
shares
assets
8. The point where income and expenses intersect (no loss or profit)
median
break even point
retired or amortized
net capitalized cost
9. The borrower
risk
variable
the four helpful calculating tools
mortgagor
10. Indicators of the confidence investors have in a company (the higher the better)
collateral
price earnings ratios
dividend
divisor
11. Share of the profits of a company
compounded daily
the two methods calculators use to process information
median
dividend
12. Deciding if its worth the risk
mean
the three items that may have to be subracted from the gross return figure when calculating net return
fixed costs
sensitivity analysis
13. The price after any down-payment or trade-in
medium risk investment
variable costs
compounded interest
net capitalized cost
14. The number to be divided by
high risk investment
dividend
compounded daily
compounded annually
15. The number you are dividing by
interest
dividend
divisor
liabilities
16. Commission fee - inflation rate - capital gains tax
dividend
chain discounts
the three items that may have to be subracted from the gross return figure when calculating net return
compounded quarterly
17. The final figures
statistic
bottom line figures
foreign currency exchange
mean
18. loans to companies or goverments (no voting rights)
per diem
range
loan
bonds
19. The info collected from a survey and the figures generated through statistical analysis
liabilities
loan
compounded daily
data
20. The lowest number in a group of data
compounded annually
amortization period
retired or amortized
minimum
21. Per annum - yearly
cash discounts
break even point
p.a.
mode
22. A loan
amortization schedule
income statement
ratio
mortgage
23. used when the each piece of data has more than one component
the two main types of shares
percent
break even point
weighted average
24. Investing in a well-established company
the two main types of shares
medium risk investment
extention
balance sheet
25. When two ratios are equal
the four helpful calculating tools
real property
proportion
collateral
26. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
net capitalized cost
mode
sales commission
27. The amount the property is worth at the end of the lease
residual value
low risk investment
multi modal
cash flow
28. The length of time until the debt is zero
overtime
retired or amortized
amortization period
liabilities
29. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
mortgagor
loan
compounded annually
30. Costs that fluctuate
medium risk investment
capital cost allowance
variable costs
conventional mortgage
31. Interest calculated on the principal plus any accumulated interest
sensitivity analysis
compounded interest
maximum
chain discounts
32. Time worked beyond the established working hours
overtime
divisor
term
variable
33. A percentage discount for buyers associated with the products being sold
loan
p.a.
conventional mortgage
trade discount
34. A chart that shows the balance of the mortgage after each amortization period
real property
weighted average
amortization schedule
compounded interest
35. A bill
weighted average
proportion
liabilities
invoice
36. Provide a specific dividend that is paid before any dividends are paid to common stock holders
risk
preference shares
percent
lease
37. The owner of the property
multiplicand
statistic
compounded annually
lessor
38. A contract giving someone the right to use something for a certain length of time
real property
lease
investment
cash flow
39. The money paid to an employee based on a percentage of their sales
statistic
sales commission
amortization period
break even point
40. (simple average) adding the group of items and dividing by the total number of items
mean
bonds
sales commission
high-ratio mortgage
41. Shows the money coming in and expenses for a certain period of time.
balance sheet
population
income statement
bottom line figures
42. Interest calculated on the principle
simple interest
overtime
data
fixed costs
43. Interest is paid 365 times a year
multi modal
maximum
compounded daily
front-loaded
44. The highest number in a group of data
high-ratio mortgage
maximum
loan
special discounts
45. The amount of money borrowed is between 75% - 95% of the purchase price
fractions
high-ratio mortgage
residual value
lessor
46. real estate (houses - condos - warehouses - factories - etc)
constant
real property
mortgage
price earnings ratios
47. The first number
minimum
conventional mortgage
multiplicand
balance sheet
48. Number calculated from population data
data
cash flow
amortization schedule
parameter
49. Things you own
assets
mortgage
money factor
liabilities
50. you may get a large return or get nothing
break even point
capital cost allowance
term
high risk investment