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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. Amount of money coming in and going out of your business monthly
compounded quarterly
cash flow
fixed costs
capital cost allowance
2. Costs that remain constant
lessor
high risk investment
fixed costs
p.a.
3. Interest is paid once a year
chain discounts
compounded annually
the two types of interest
invoice
4. The amount of money borrowed is between 75% - 95% of the purchase price
divisor
bonds
price earnings ratios
high-ratio mortgage
5. Money earned on an investment or paid on a loan
interest
mean
weighted average
real property
6. The borrower
retired or amortized
mortgage
mortgagor
the two methods calculators use to process information
7. The info collected from a survey and the figures generated through statistical analysis
mortgagee
residual value
sample
data
8. (simple average) adding the group of items and dividing by the total number of items
term
lessee
mean
residual value
9. Security for a loan
balance sheet
price earnings ratios
collateral
compounded daily
10. The amount the property is worth at the end of the lease
compounded interest
bottom line figures
mortgagee
residual value
11. A percentage discount for buyers associated with the products being sold
trade discount
the two main types of shares
amortization schedule
bottom line figures
12. A rate that one currency can be exchanged for another
personal property
collateral
foreign currency exchange
cash flow
13. The depreciation of an asset as an expense
mortgagor
capital cost allowance
sales commission
assets
14. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
multiplier
the two types of interest
mean
15. Amounts of money you owe
liabilities
bottom line figures
compounded annually
break even point
16. A complete set of individuals - objects or scores being studied
data
the three items that may have to be subracted from the gross return figure when calculating net return
complete enumeration survey
population
17. The amount of money borrowed is less than 75% of the purchase price
proportion
maximum
fractions
conventional mortgage
18. Paid dividends after the preference shares have been paid
common shares
compounded sem-annually
net capitalized cost
mortgagee
19. A portion of the population being studied
sample
the four helpful calculating tools
term
foreclosure
20. The number to be divided by
range
dividend
residual value
multiplicand
21. The number you are dividing by
divisor
cross-footing
mortgagor
constant
22. The price after any down-payment or trade-in
common shares
net capitalized cost
balance sheet
preference shares
23. Parts of a whole number
price earnings ratios
lease
medium risk investment
fractions
24. Shows the money coming in and expenses for a certain period of time.
overtime
dividend
per diem
income statement
25. you may get a large return or get nothing
bonds
high risk investment
foreign currency exchange
compounded sem-annually
26. Simple and compound
capital cost allowance
default
the two types of interest
invoice
27. The total of units multiplied by the price
extention
price earnings ratios
the two methods calculators use to process information
conventional mortgage
28. Interest is paid four times a year
multiplier
collateral
weighted average
compounded quarterly
29. The first number
medium risk investment
multiplicand
mortgagor
trade discount
30. Where info is collected for every unit of the population
trade discount
real property
complete enumeration survey
variable costs
31. Adding columns of figures horizontally and vertically to check that the totals agree
p.a.
cross-footing
dividend
price earnings ratios
32. The length of time until the debt is zero
multiplicand
money factor
amortization period
lessee
33. More than one frequently occuring value in a group of data
sample
high risk investment
multi modal
extention
34. used when the each piece of data has more than one component
multiplicand
lease
p.a.
weighted average
35. The money paid to an employee based on a percentage of their sales
real property
invoice
net capitalized cost
sales commission
36. The lowest number in a group of data
overtime
multi modal
p.a.
minimum
37. When two ratios are equal
income statement
proportion
constant
retired or amortized
38. Per annum - yearly
cash discounts
foreign currency exchange
p.a.
dividend
39. Shows the assets - liabilities and financial position of the company
sensitivity analysis
balance sheet
variable
compounded sem-annually
40. Per day
per diem
minimum
invoice
simple interest
41. A number calculated from sample data
statistic
high-ratio mortgage
compounded monthly
loan
42. The final figures
mean
amortization period
variable costs
bottom line figures
43. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
cash discounts
population
the two types of interest
44. Property other than real estate (often called a chattel mortgage)
data
compounded quarterly
personal property
proportion
45. The point where income and expenses intersect (no loss or profit)
dividend
break even point
weighted average
balance sheet
46. Investing in a well-established company
medium risk investment
high risk investment
overtime
the two main types of shares
47. Interest calculated on the principle
simple interest
balance sheet
price earnings ratios
multiplier
48. Costs that fluctuate
variable costs
break even point
medium risk investment
common shares
49. A bill
mode
sensitivity analysis
invoice
mortgagee
50. real estate (houses - condos - warehouses - factories - etc)
foreclosure
compounded quarterly
the two methods calculators use to process information
real property
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