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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 unexpected variablility of returns
special discounts
real property
risk
variable costs
2. A rate that one currency can be exchanged for another
mortgagee
liabilities
foreign currency exchange
compounded interest
3. Part ownership in a company
investment
shares
compounded interest
variable
4. Where info is collected for every unit of the population
complete enumeration survey
the three items that may have to be subracted from the gross return figure when calculating net return
the two methods calculators use to process information
fixed costs
5. The info collected from a survey and the figures generated through statistical analysis
compounded annually
retired or amortized
data
lessor
6. The length of time until the debt is zero
data
weighted average
interest
amortization period
7. Amounts of money you owe
bonds
default
liabilities
weighted average
8. Interest calculated on the principal plus any accumulated interest
the two types of interest
fixed costs
dividend
compounded interest
9. Paid dividends after the preference shares have been paid
shares
fractions
common shares
data
10. A decimal figure when x by 2400 gives an approximate annual interest rate
bottom line figures
the two types of interest
money factor
high risk investment
11. A chart that shows the balance of the mortgage after each amortization period
complete enumeration survey
range
residual value
amortization schedule
12. Shows the assets - liabilities and financial position of the company
common shares
net capitalized cost
extention
balance sheet
13. loans to companies or goverments (no voting rights)
term
break even point
bonds
bottom line figures
14. Shows the money coming in and expenses for a certain period of time.
risk
fractions
income statement
collateral
15. A percentage discount to customers
special discounts
high risk investment
assets
range
16. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
multiplier
multi modal
weighted average
17. of one hundred
foreign currency exchange
percent
parameter
low risk investment
18. The number to be divided by
data
dividend
variable costs
bonds
19. Investing in a well-established company
range
minimum
liabilities
medium risk investment
20. The number you are dividing by
income statement
maximum
percent
divisor
21. A comparison of two numbers
lease
the three items that may have to be subracted from the gross return figure when calculating net return
ratio
mortgagee
22. The majority of the early payments go toward paying the interest on the loan
bonds
chain discounts
foreign currency exchange
front-loaded
23. Adding columns of figures horizontally and vertically to check that the totals agree
constant
complete enumeration survey
cross-footing
compounded daily
24. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
shares
multiplicand
compounded annually
25. (simple average) adding the group of items and dividing by the total number of items
conventional mortgage
lessee
overtime
mean
26. Money earned on an investment or paid on a loan
interest
multiplicand
extention
shares
27. The price after any down-payment or trade-in
collateral
default
proportion
net capitalized cost
28. The depreciation of an asset as an expense
the two main types of shares
population
loan
capital cost allowance
29. Time worked beyond the established working hours
mortgage
price earnings ratios
low risk investment
overtime
30. Money given to someone on condition the person will return the money and interest by a specific date
loan
compounded sem-annually
the two methods calculators use to process information
low risk investment
31. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
mortgage
maximum
bottom line figures
32. A series of discounts
chain discounts
the two types of interest
conventional mortgage
compounded monthly
33. The money paid to an employee based on a percentage of their sales
sales commission
weighted average
cash discounts
money factor
34. The lowest number in a group of data
constant
minimum
mortgage
medium risk investment
35. Discounts offered to encourage customers to pay their bills on time
p.a.
cash discounts
per diem
dividend
36. you may get a large return or get nothing
extention
high risk investment
mean
multiplicand
37. The highest number in a group of data
statistic
maximum
price earnings ratios
constant
38. Preference and common
cash discounts
p.a.
the two main types of shares
fractions
39. A complete set of individuals - objects or scores being studied
population
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
high-ratio mortgage
40. More than one frequently occuring value in a group of data
multi modal
population
divisor
overtime
41. real estate (houses - condos - warehouses - factories - etc)
real property
compounded interest
cash discounts
compounded daily
42. A contract giving someone the right to use something for a certain length of time
lease
foreign currency exchange
interest
constant
43. The length of the loan
assets
population
term
compounded daily
44. A percentage discount for buyers associated with the products being sold
per diem
trade discount
lessor
retired or amortized
45. Security for a loan
compounded sem-annually
mortgagor
statistic
collateral
46. The borrower
lessor
variable
mortgagor
overtime
47. A bill
fractions
invoice
weighted average
compounded interest
48. An item of data the stays the same
maximum
lessee
the two types of interest
constant
49. Per day
low risk investment
chain discounts
p.a.
per diem
50. electronic - portable (pocket) - computer - spreadsheets
the two main types of shares
the four helpful calculating tools
residual value
invoice