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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. used when the each piece of data has more than one component
lessee
percent
weighted average
medium risk investment
2. loans to companies or goverments (no voting rights)
real property
bonds
special discounts
simple interest
3. A bill
special discounts
personal property
invoice
population
4. Money earned on an investment or paid on a loan
the three items that may have to be subracted from the gross return figure when calculating net return
constant
high-ratio mortgage
interest
5. Number calculated from population data
assets
multi modal
parameter
special discounts
6. Property other than real estate (often called a chattel mortgage)
personal property
ratio
fixed costs
compounded quarterly
7. A percentage discount for buyers associated with the products being sold
retired or amortized
money factor
loan
trade discount
8. Things you own
assets
special discounts
statistic
the two main types of shares
9. Interest is paid twice a year
invoice
compounded sem-annually
special discounts
mortgagor
10. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
compounded sem-annually
income statement
liabilities
11. The person paying to borrow property for a certain amount of time for payments
mode
lessee
default
price earnings ratios
12. The highest number in a group of data
compounded daily
statistic
maximum
overtime
13. A decimal figure when x by 2400 gives an approximate annual interest rate
conventional mortgage
money factor
low risk investment
lessor
14. Simple and compound
dividend
shares
extention
the two types of interest
15. A portion of the population being studied
bottom line figures
multiplier
divisor
sample
16. Per day
per diem
lessee
foreclosure
the three items that may have to be subracted from the gross return figure when calculating net return
17. A contract giving someone the right to use something for a certain length of time
collateral
shares
lease
amortization schedule
18. Deciding if its worth the risk
the four helpful calculating tools
sensitivity analysis
mode
foreign currency exchange
19. The total of units multiplied by the price
assets
compounded daily
price earnings ratios
extention
20. The first number
maximum
the two types of interest
multiplicand
mortgagor
21. Where info is collected for every unit of the population
mean
complete enumeration survey
default
cash flow
22. Costs that fluctuate
overtime
compounded sem-annually
variable costs
per diem
23. A loan
dividend
conventional mortgage
cash flow
mortgage
24. A number calculated from sample data
multiplier
statistic
chain discounts
compounded monthly
25. Paid dividends after the preference shares have been paid
statistic
shares
common shares
the four helpful calculating tools
26. The info collected from a survey and the figures generated through statistical analysis
default
percent
data
bottom line figures
27. The borrower
weighted average
mortgagor
high risk investment
low risk investment
28. The score that falls in the middle
chain discounts
liabilities
dividend
median
29. The unexpected variablility of returns
personal property
compounded sem-annually
medium risk investment
risk
30. Part ownership in a company
lessee
fixed costs
population
shares
31. Interest is paid twelve times a year
special discounts
compounded monthly
the four helpful calculating tools
statistic
32. Amounts of money you owe
variable costs
minimum
investment
liabilities
33. Money given to someone on condition the person will return the money and interest by a specific date
liabilities
price earnings ratios
collateral
loan
34. A complete set of individuals - objects or scores being studied
population
compounded sem-annually
mortgagor
medium risk investment
35. electronic - portable (pocket) - computer - spreadsheets
liabilities
compounded sem-annually
personal property
the four helpful calculating tools
36. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
data
preference shares
money factor
37. Paid in full
multi modal
retired or amortized
ratio
mode
38. A series of discounts
fractions
chain discounts
mean
mortgagee
39. The number you are dividing by
ratio
compounded annually
dividend
divisor
40. The majority of the early payments go toward paying the interest on the loan
fractions
compounded annually
front-loaded
fixed costs
41. The point where income and expenses intersect (no loss or profit)
complete enumeration survey
loan
term
break even point
42. Algebraic - arithmetic
bottom line figures
the two methods calculators use to process information
parameter
sensitivity analysis
43. The lowest number in a group of data
minimum
compounded monthly
dividend
retired or amortized
44. The difference between the highest and lowest numbers in a set of data
variable costs
sample
fixed costs
range
45. The interest amount is small - but you are guaranteed to get something
percent
low risk investment
lessee
high-ratio mortgage
46. Preference and common
overtime
risk
the two main types of shares
money factor
47. A rate that one currency can be exchanged for another
income statement
constant
foreign currency exchange
investment
48. The price after any down-payment or trade-in
retired or amortized
chain discounts
weighted average
net capitalized cost
49. Adding columns of figures horizontally and vertically to check that the totals agree
break even point
cross-footing
lease
population
50. real estate (houses - condos - warehouses - factories - etc)
extention
real property
balance sheet
range