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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. Something that is expected to return a profit
simple interest
investment
front-loaded
trade discount
2. The final figures
bottom line figures
multiplier
multi modal
investment
3. A series of discounts
amortization schedule
sample
chain discounts
extention
4. The length of the loan
cross-footing
statistic
high risk investment
term
5. Share of the profits of a company
dividend
the two methods calculators use to process information
per diem
mean
6. Where info is collected for every unit of the population
shares
fractions
complete enumeration survey
price earnings ratios
7. Adding columns of figures horizontally and vertically to check that the totals agree
compounded sem-annually
proportion
dividend
cross-footing
8. The depreciation of an asset as an expense
high risk investment
cross-footing
overtime
capital cost allowance
9. More than one frequently occuring value in a group of data
sensitivity analysis
mean
extention
multi modal
10. (simple average) adding the group of items and dividing by the total number of items
mean
real property
ratio
interest
11. Interest is paid twice a year
compounded sem-annually
percent
compounded annually
bonds
12. Shows the assets - liabilities and financial position of the company
money factor
front-loaded
balance sheet
capital cost allowance
13. A percentage discount to customers
simple interest
variable
special discounts
range
14. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
multi modal
the two types of interest
percent
15. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
p.a.
compounded daily
fixed costs
16. A contract giving someone the right to use something for a certain length of time
compounded quarterly
parameter
lease
proportion
17. of one hundred
special discounts
break even point
percent
compounded quarterly
18. The score that falls in the middle
median
the two main types of shares
price earnings ratios
compounded quarterly
19. Algebraic - arithmetic
the two methods calculators use to process information
bonds
compounded annually
chain discounts
20. Per day
amortization period
per diem
high risk investment
multi modal
21. Shows the money coming in and expenses for a certain period of time.
chain discounts
income statement
balance sheet
lessee
22. The info collected from a survey and the figures generated through statistical analysis
trade discount
data
proportion
compounded interest
23. Part ownership in a company
shares
mortgage
default
money factor
24. A percentage discount for buyers associated with the products being sold
high risk investment
trade discount
simple interest
high-ratio mortgage
25. An item of data that has a different value at different times
per diem
fixed costs
lease
variable
26. The majority of the early payments go toward paying the interest on the loan
ratio
p.a.
mortgagor
front-loaded
27. A portion of the population being studied
sample
variable costs
personal property
balance sheet
28. The number you are multipliying by
term
trade discount
ratio
multiplier
29. Time worked beyond the established working hours
overtime
weighted average
common shares
price earnings ratios
30. Property other than real estate (often called a chattel mortgage)
the two types of interest
real property
personal property
compounded monthly
31. The number to be divided by
risk
dividend
divisor
foreign currency exchange
32. The interest amount is small - but you are guaranteed to get something
chain discounts
divisor
conventional mortgage
low risk investment
33. real estate (houses - condos - warehouses - factories - etc)
multiplier
money factor
real property
mortgagor
34. Commission fee - inflation rate - capital gains tax
break even point
liabilities
minimum
the three items that may have to be subracted from the gross return figure when calculating net return
35. Per annum - yearly
risk
p.a.
lessee
foreign currency exchange
36. Amounts of money you owe
high-ratio mortgage
liabilities
compounded interest
the two main types of shares
37. A number calculated from sample data
per diem
amortization period
divisor
statistic
38. The amount the property is worth at the end of the lease
residual value
compounded interest
variable costs
term
39. A loan
special discounts
statistic
foreign currency exchange
mortgage
40. Simple and compound
net capitalized cost
mortgagor
the two types of interest
minimum
41. The highest number in a group of data
dividend
net capitalized cost
maximum
risk
42. A comparison of two numbers
liabilities
foreign currency exchange
weighted average
ratio
43. Money earned on an investment or paid on a loan
interest
amortization schedule
fractions
foreign currency exchange
44. The borrower
mortgagor
compounded sem-annually
the three items that may have to be subracted from the gross return figure when calculating net return
cross-footing
45. Deciding if its worth the risk
divisor
sensitivity analysis
mortgagor
chain discounts
46. The lowest number in a group of data
bonds
price earnings ratios
data
minimum
47. The unexpected variablility of returns
risk
lease
cross-footing
loan
48. electronic - portable (pocket) - computer - spreadsheets
population
the two methods calculators use to process information
the four helpful calculating tools
trade discount
49. The price after any down-payment or trade-in
income statement
residual value
medium risk investment
net capitalized cost
50. The point where income and expenses intersect (no loss or profit)
compounded sem-annually
break even point
mortgagee
mean