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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 depreciation of an asset as an expense
the two types of interest
capital cost allowance
break even point
maximum
2. Parts of a whole number
special discounts
proportion
extention
fractions
3. Costs that fluctuate
data
the four helpful calculating tools
variable costs
dividend
4. Costs that remain constant
fixed costs
money factor
mortgagee
income statement
5. Share of the profits of a company
dividend
multiplicand
variable costs
compounded daily
6. Deciding if its worth the risk
sensitivity analysis
maximum
the two types of interest
percent
7. you may get a large return or get nothing
shares
compounded annually
high risk investment
simple interest
8. An item of data that has a different value at different times
variable
compounded monthly
complete enumeration survey
front-loaded
9. Number calculated from population data
parameter
capital cost allowance
fractions
multiplicand
10. Interest is paid once a year
ratio
balance sheet
compounded annually
fixed costs
11. Amounts of money you owe
liabilities
parameter
foreclosure
median
12. A comparison of two numbers
lease
data
ratio
mean
13. Paid in full
mortgage
retired or amortized
lessor
net capitalized cost
14. The length of the loan
cross-footing
term
the two main types of shares
minimum
15. A number calculated from sample data
term
statistic
multiplier
invoice
16. A series of discounts
multi modal
retired or amortized
collateral
chain discounts
17. A complete set of individuals - objects or scores being studied
multi modal
variable costs
population
sample
18. Commission fee - inflation rate - capital gains tax
percent
dividend
the three items that may have to be subracted from the gross return figure when calculating net return
multi modal
19. Amount of money coming in and going out of your business monthly
statistic
interest
p.a.
cash flow
20. real estate (houses - condos - warehouses - factories - etc)
medium risk investment
income statement
sales commission
real property
21. Property other than real estate (often called a chattel mortgage)
collateral
personal property
low risk investment
conventional mortgage
22. The amount the property is worth at the end of the lease
percent
fixed costs
residual value
retired or amortized
23. The interest amount is small - but you are guaranteed to get something
population
compounded annually
low risk investment
multiplicand
24. Shows the money coming in and expenses for a certain period of time.
mortgagee
net capitalized cost
foreclosure
income statement
25. Money given to someone on condition the person will return the money and interest by a specific date
loan
compounded monthly
foreign currency exchange
the two types of interest
26. Non-payment
retired or amortized
default
compounded monthly
mode
27. Algebraic - arithmetic
bottom line figures
cash discounts
sample
the two methods calculators use to process information
28. Simple and compound
extention
lessor
the two types of interest
multiplier
29. Paid dividends after the preference shares have been paid
cash flow
the two methods calculators use to process information
common shares
mean
30. The unexpected variablility of returns
dividend
compounded monthly
risk
compounded annually
31. The person paying to borrow property for a certain amount of time for payments
term
lessee
bottom line figures
percent
32. Something that is expected to return a profit
investment
the four helpful calculating tools
conventional mortgage
p.a.
33. The length of time until the debt is zero
bonds
amortization period
cash flow
foreclosure
34. The total of units multiplied by the price
risk
high risk investment
extention
population
35. loans to companies or goverments (no voting rights)
trade discount
extention
bonds
proportion
36. The most frequently occuring value in a group of data
mode
bottom line figures
lease
the two types of interest
37. Time worked beyond the established working hours
lessor
amortization schedule
low risk investment
overtime
38. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
break even point
compounded annually
compounded daily
39. The money paid to an employee based on a percentage of their sales
dividend
cash flow
median
sales commission
40. A contract giving someone the right to use something for a certain length of time
the three items that may have to be subracted from the gross return figure when calculating net return
mortgage
lease
investment
41. The number you are dividing by
fractions
minimum
divisor
default
42. Security for a loan
real property
per diem
chain discounts
collateral
43. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded monthly
the two main types of shares
population
preference shares
44. The number to be divided by
money factor
maximum
dividend
the two main types of shares
45. A portion of the population being studied
the two types of interest
lessee
variable costs
sample
46. A chart that shows the balance of the mortgage after each amortization period
default
net capitalized cost
fixed costs
amortization schedule
47. The amount of money borrowed is less than 75% of the purchase price
term
compounded sem-annually
conventional mortgage
bottom line figures
48. The lender
statistic
mortgagee
dividend
median
49. Indicators of the confidence investors have in a company (the higher the better)
cross-footing
price earnings ratios
income statement
real property
50. Discounts offered to encourage customers to pay their bills on time
minimum
net capitalized cost
cash discounts
data