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DSST Business Math Vocab 2

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 amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
dividend
the two types of interest
price earnings ratios

2. An item of data that has a different value at different times
common shares
variable
price earnings ratios
multi modal

3. Costs that remain constant
lessor
fixed costs
high-ratio mortgage
parameter

4. A contract giving someone the right to use something for a certain length of time
high risk investment
lease
income statement
dividend

5. The amount the property is worth at the end of the lease
residual value
assets
high risk investment
conventional mortgage

6. A comparison of two numbers
shares
cash flow
ratio
variable costs

7. A complete set of individuals - objects or scores being studied
lessor
population
dividend
collateral

8. An item of data the stays the same
maximum
constant
sample
amortization schedule

9. Per day
compounded sem-annually
compounded interest
range
per diem

10. A percentage discount for buyers associated with the products being sold
trade discount
sample
medium risk investment
capital cost allowance

11. electronic - portable (pocket) - computer - spreadsheets
the three items that may have to be subracted from the gross return figure when calculating net return
minimum
the four helpful calculating tools
default

12. The interest amount is small - but you are guaranteed to get something
chain discounts
net capitalized cost
special discounts
low risk investment

13. Deciding if its worth the risk
term
bottom line figures
sensitivity analysis
variable

14. The length of the loan
break even point
bonds
term
extention

15. loans to companies or goverments (no voting rights)
net capitalized cost
mortgage
bonds
sales commission

16. A portion of the population being studied
lessor
sample
compounded quarterly
low risk investment

17. The most frequently occuring value in a group of data
invoice
mode
data
lease

18. Costs that fluctuate
variable costs
percent
the two methods calculators use to process information
foreign currency exchange

19. A loan
trade discount
mortgage
compounded annually
extention

20. Something that is expected to return a profit
bonds
cross-footing
investment
the three items that may have to be subracted from the gross return figure when calculating net return

21. The lender
net capitalized cost
chain discounts
mortgagee
data

22. A series of discounts
lessor
real property
low risk investment
chain discounts

23. Money earned on an investment or paid on a loan
lessor
sensitivity analysis
retired or amortized
interest

24. Share of the profits of a company
dividend
assets
parameter
trade discount

25. real estate (houses - condos - warehouses - factories - etc)
balance sheet
variable costs
real property
extention

26. A percentage discount to customers
special discounts
compounded daily
low risk investment
common shares

27. The info collected from a survey and the figures generated through statistical analysis
data
common shares
parameter
the four helpful calculating tools

28. The owner of the property
lessor
compounded sem-annually
interest
range

29. Adding columns of figures horizontally and vertically to check that the totals agree
foreclosure
cross-footing
common shares
divisor

30. Parts of a whole number
fixed costs
fractions
capital cost allowance
bottom line figures

31. A decimal figure when x by 2400 gives an approximate annual interest rate
loan
price earnings ratios
conventional mortgage
money factor

32. Investing in a well-established company
compounded quarterly
medium risk investment
front-loaded
compounded sem-annually

33. Algebraic - arithmetic
median
maximum
low risk investment
the two methods calculators use to process information

34. (simple average) adding the group of items and dividing by the total number of items
statistic
multiplicand
mean
foreign currency exchange

35. The score that falls in the middle
median
data
dividend
preference shares

36. Interest is paid four times a year
cross-footing
bonds
compounded quarterly
money factor

37. Part ownership in a company
shares
mortgagee
special discounts
bottom line figures

38. A number calculated from sample data
variable costs
foreign currency exchange
the three items that may have to be subracted from the gross return figure when calculating net return
statistic

39. Paid in full
trade discount
retired or amortized
real property
compounded monthly

40. The length of time until the debt is zero
amortization period
per diem
data
compounded sem-annually

41. Preference and common
sensitivity analysis
data
break even point
the two main types of shares

42. When two ratios are equal
proportion
shares
income statement
foreign currency exchange

43. The number to be divided by
fixed costs
maximum
dividend
loan

44. The person paying to borrow property for a certain amount of time for payments
personal property
lessee
compounded sem-annually
amortization schedule

45. A bill
simple interest
residual value
per diem
invoice

46. The depreciation of an asset as an expense
per diem
capital cost allowance
preference shares
constant

47. Simple and compound
the two types of interest
common shares
population
income statement

48. Discounts offered to encourage customers to pay their bills on time
lessee
trade discount
high-ratio mortgage
cash discounts

49. Non-payment
retired or amortized
p.a.
default
ratio

50. Property other than real estate (often called a chattel mortgage)
real property
mortgagor
personal property
investment