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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. The borrower
mortgagor
the two methods calculators use to process information
amortization schedule
lease
2. Per annum - yearly
compounded interest
proportion
break even point
p.a.
3. Share of the profits of a company
dividend
extention
retired or amortized
high-ratio mortgage
4. The process of repossessing and selling the real or personal property when the borrower has defaulted
invoice
compounded monthly
the two types of interest
foreclosure
5. The amount of money borrowed is between 75% - 95% of the purchase price
mortgage
the two methods calculators use to process information
constant
high-ratio mortgage
6. Simple and compound
sensitivity analysis
compounded quarterly
the two types of interest
multiplier
7. The person paying to borrow property for a certain amount of time for payments
multi modal
compounded annually
lessee
sales commission
8. Indicators of the confidence investors have in a company (the higher the better)
trade discount
minimum
sensitivity analysis
price earnings ratios
9. Shows the assets - liabilities and financial position of the company
the three items that may have to be subracted from the gross return figure when calculating net return
collateral
balance sheet
the two methods calculators use to process information
10. Amount of money coming in and going out of your business monthly
high-ratio mortgage
sales commission
cash flow
amortization period
11. The difference between the highest and lowest numbers in a set of data
the four helpful calculating tools
range
compounded daily
residual value
12. An item of data the stays the same
weighted average
preference shares
proportion
constant
13. The unexpected variablility of returns
risk
cash discounts
constant
mode
14. When two ratios are equal
cash flow
the three items that may have to be subracted from the gross return figure when calculating net return
foreclosure
proportion
15. The lender
mortgagee
net capitalized cost
multi modal
compounded interest
16. Shows the money coming in and expenses for a certain period of time.
conventional mortgage
minimum
assets
income statement
17. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
compounded interest
interest
dividend
18. Amounts of money you owe
liabilities
investment
shares
mortgagee
19. Per day
per diem
complete enumeration survey
dividend
balance sheet
20. Investing in a well-established company
preference shares
multi modal
medium risk investment
bottom line figures
21. More than one frequently occuring value in a group of data
multi modal
maximum
compounded sem-annually
sample
22. Something that is expected to return a profit
mortgagee
investment
population
compounded monthly
23. loans to companies or goverments (no voting rights)
compounded daily
bonds
shares
chain discounts
24. The length of time until the debt is zero
trade discount
p.a.
amortization period
compounded interest
25. The amount the property is worth at the end of the lease
residual value
divisor
multiplier
compounded sem-annually
26. Interest is paid twelve times a year
compounded monthly
term
weighted average
statistic
27. The depreciation of an asset as an expense
high risk investment
capital cost allowance
maximum
personal property
28. Property other than real estate (often called a chattel mortgage)
mode
personal property
fractions
compounded sem-annually
29. The length of the loan
the four helpful calculating tools
lessee
term
the two main types of shares
30. Paid in full
retired or amortized
bonds
amortization schedule
high risk investment
31. A percentage discount to customers
special discounts
multi modal
mortgagee
bonds
32. Interest is paid twice a year
mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
compounded quarterly
compounded sem-annually
33. Money earned on an investment or paid on a loan
population
interest
sensitivity analysis
divisor
34. Paid dividends after the preference shares have been paid
the two main types of shares
common shares
bottom line figures
low risk investment
35. A series of discounts
cross-footing
sample
chain discounts
sales commission
36. Where info is collected for every unit of the population
chain discounts
complete enumeration survey
shares
bonds
37. A decimal figure when x by 2400 gives an approximate annual interest rate
dividend
money factor
the two types of interest
p.a.
38. Interest calculated on the principle
per diem
retired or amortized
simple interest
capital cost allowance
39. Algebraic - arithmetic
real property
multiplicand
the two methods calculators use to process information
cash discounts
40. Costs that remain constant
preference shares
common shares
low risk investment
fixed costs
41. A bill
per diem
chain discounts
investment
invoice
42. An item of data that has a different value at different times
common shares
investment
variable
risk
43. Commission fee - inflation rate - capital gains tax
complete enumeration survey
variable costs
minimum
the three items that may have to be subracted from the gross return figure when calculating net return
44. A percentage discount for buyers associated with the products being sold
multiplier
foreign currency exchange
mean
trade discount
45. The majority of the early payments go toward paying the interest on the loan
minimum
the three items that may have to be subracted from the gross return figure when calculating net return
residual value
front-loaded
46. The score that falls in the middle
mortgagee
proportion
median
overtime
47. The price after any down-payment or trade-in
statistic
interest
net capitalized cost
p.a.
48. The number you are dividing by
p.a.
divisor
income statement
the two types of interest
49. The final figures
weighted average
variable costs
loan
bottom line figures
50. Interest is paid 365 times a year
low risk investment
common shares
compounded daily
front-loaded