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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. Provide a specific dividend that is paid before any dividends are paid to common stock holders
balance sheet
compounded monthly
preference shares
constant
2. Money earned on an investment or paid on a loan
compounded annually
dividend
percent
interest
3. Commission fee - inflation rate - capital gains tax
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
range
liabilities
4. A contract giving someone the right to use something for a certain length of time
lease
constant
dividend
break even point
5. electronic - portable (pocket) - computer - spreadsheets
dividend
invoice
money factor
the four helpful calculating tools
6. Interest is paid twelve times a year
net capitalized cost
compounded monthly
assets
constant
7. Indicators of the confidence investors have in a company (the higher the better)
liabilities
amortization schedule
price earnings ratios
divisor
8. Number calculated from population data
parameter
the two main types of shares
compounded monthly
mortgagor
9. Something that is expected to return a profit
amortization schedule
complete enumeration survey
percent
investment
10. The owner of the property
median
common shares
cash flow
lessor
11. The number you are multipliying by
ratio
balance sheet
collateral
multiplier
12. Per annum - yearly
p.a.
proportion
assets
maximum
13. Preference and common
per diem
the two main types of shares
range
chain discounts
14. A series of discounts
simple interest
maximum
chain discounts
amortization schedule
15. Interest is paid 365 times a year
p.a.
compounded daily
mortgagee
per diem
16. A percentage discount to customers
special discounts
price earnings ratios
assets
population
17. Property other than real estate (often called a chattel mortgage)
personal property
cash flow
low risk investment
front-loaded
18. Non-payment
default
compounded daily
front-loaded
personal property
19. A comparison of two numbers
compounded quarterly
ratio
residual value
variable costs
20. Paid in full
retired or amortized
personal property
bonds
mode
21. An item of data the stays the same
multiplier
the three items that may have to be subracted from the gross return figure when calculating net return
constant
foreclosure
22. Investing in a well-established company
medium risk investment
lessor
mean
interest
23. A complete set of individuals - objects or scores being studied
mortgagor
preference shares
simple interest
population
24. Costs that remain constant
personal property
ratio
high-ratio mortgage
fixed costs
25. Per day
median
per diem
foreign currency exchange
lease
26. Discounts offered to encourage customers to pay their bills on time
mode
cash discounts
compounded interest
divisor
27. The amount the property is worth at the end of the lease
liabilities
residual value
median
preference shares
28. When two ratios are equal
ratio
price earnings ratios
proportion
special discounts
29. The score that falls in the middle
special discounts
median
invoice
capital cost allowance
30. The length of time until the debt is zero
dividend
amortization period
cash discounts
shares
31. Amount of money coming in and going out of your business monthly
cash discounts
shares
compounded quarterly
cash flow
32. The price after any down-payment or trade-in
personal property
real property
retired or amortized
net capitalized cost
33. Interest is paid four times a year
data
the two main types of shares
compounded quarterly
extention
34. Shows the assets - liabilities and financial position of the company
range
price earnings ratios
balance sheet
amortization schedule
35. The process of repossessing and selling the real or personal property when the borrower has defaulted
amortization period
cross-footing
foreclosure
low risk investment
36. The lender
shares
compounded interest
mortgagee
break even point
37. An item of data that has a different value at different times
population
default
variable
the two methods calculators use to process information
38. The highest number in a group of data
mortgage
shares
fixed costs
maximum
39. The difference between the highest and lowest numbers in a set of data
personal property
complete enumeration survey
range
compounded daily
40. The person paying to borrow property for a certain amount of time for payments
lessee
balance sheet
per diem
mean
41. The first number
statistic
shares
multiplicand
cash flow
42. A bill
invoice
bottom line figures
amortization schedule
retired or amortized
43. The majority of the early payments go toward paying the interest on the loan
front-loaded
variable costs
break even point
overtime
44. Share of the profits of a company
bonds
dividend
maximum
lease
45. Interest calculated on the principle
divisor
the two methods calculators use to process information
simple interest
capital cost allowance
46. The amount of money borrowed is between 75% - 95% of the purchase price
real property
high-ratio mortgage
break even point
investment
47. The number to be divided by
dividend
minimum
lessor
constant
48. Costs that fluctuate
parameter
loan
variable costs
default
49. Amounts of money you owe
cross-footing
invoice
fractions
liabilities
50. Interest calculated on the principal plus any accumulated interest
the four helpful calculating tools
personal property
compounded interest
compounded daily