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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. Share of the profits of a company
dividend
percent
front-loaded
compounded quarterly
2. Provide a specific dividend that is paid before any dividends are paid to common stock holders
loan
the two types of interest
preference shares
medium risk investment
3. The length of the loan
the two main types of shares
term
parameter
dividend
4. Interest is paid 365 times a year
variable
compounded daily
weighted average
invoice
5. Costs that fluctuate
income statement
term
the four helpful calculating tools
variable costs
6. A decimal figure when x by 2400 gives an approximate annual interest rate
compounded sem-annually
the two main types of shares
sales commission
money factor
7. loans to companies or goverments (no voting rights)
bonds
compounded quarterly
net capitalized cost
amortization period
8. The amount the property is worth at the end of the lease
residual value
p.a.
amortization period
term
9. An item of data that has a different value at different times
foreclosure
medium risk investment
lease
variable
10. Discounts offered to encourage customers to pay their bills on time
special discounts
sample
cash discounts
percent
11. The number to be divided by
break even point
dividend
money factor
fixed costs
12. Money earned on an investment or paid on a loan
net capitalized cost
interest
the two methods calculators use to process information
mode
13. The highest number in a group of data
maximum
bonds
common shares
amortization schedule
14. A portion of the population being studied
sample
minimum
p.a.
variable
15. The person paying to borrow property for a certain amount of time for payments
lessee
term
compounded monthly
mortgage
16. Per day
the two main types of shares
divisor
per diem
bonds
17. Preference and common
invoice
conventional mortgage
statistic
the two main types of shares
18. Simple and compound
capital cost allowance
dividend
residual value
the two types of interest
19. A bill
variable costs
real property
simple interest
invoice
20. When two ratios are equal
proportion
variable costs
maximum
common shares
21. Property other than real estate (often called a chattel mortgage)
personal property
multiplier
sample
cash flow
22. The number you are multipliying by
maximum
multiplier
complete enumeration survey
mortgagor
23. Commission fee - inflation rate - capital gains tax
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
cash discounts
low risk investment
24. The borrower
population
default
data
mortgagor
25. More than one frequently occuring value in a group of data
parameter
percent
multi modal
per diem
26. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
extention
dividend
amortization period
27. The owner of the property
sales commission
assets
price earnings ratios
lessor
28. Part ownership in a company
ratio
income statement
maximum
shares
29. Interest calculated on the principal plus any accumulated interest
constant
compounded interest
foreign currency exchange
lessee
30. An item of data the stays the same
mortgagee
constant
variable costs
trade discount
31. A number calculated from sample data
front-loaded
statistic
invoice
data
32. Shows the assets - liabilities and financial position of the company
invoice
balance sheet
residual value
cash discounts
33. Deciding if its worth the risk
variable costs
sensitivity analysis
fractions
personal property
34. Interest is paid twice a year
compounded sem-annually
the four helpful calculating tools
per diem
real property
35. The point where income and expenses intersect (no loss or profit)
net capitalized cost
per diem
common shares
break even point
36. Interest is paid once a year
the two main types of shares
compounded annually
risk
simple interest
37. A contract giving someone the right to use something for a certain length of time
interest
preference shares
mortgage
lease
38. Adding columns of figures horizontally and vertically to check that the totals agree
compounded monthly
sales commission
cross-footing
population
39. The money paid to an employee based on a percentage of their sales
sales commission
lessor
variable costs
minimum
40. you may get a large return or get nothing
high risk investment
multi modal
fractions
lessor
41. Interest is paid twelve times a year
compounded monthly
special discounts
per diem
multi modal
42. A chart that shows the balance of the mortgage after each amortization period
interest
assets
proportion
amortization schedule
43. Algebraic - arithmetic
the two methods calculators use to process information
per diem
interest
lease
44. A percentage discount to customers
cross-footing
lessee
amortization schedule
special discounts
45. Parts of a whole number
fractions
compounded interest
extention
loan
46. The process of repossessing and selling the real or personal property when the borrower has defaulted
fractions
foreclosure
proportion
the two types of interest
47. The score that falls in the middle
invoice
mean
median
constant
48. The lender
extention
median
front-loaded
mortgagee
49. Money given to someone on condition the person will return the money and interest by a specific date
common shares
loan
high risk investment
data
50. Non-payment
multi modal
default
low risk investment
cash discounts