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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Things you own
multiplier
assets
amortization period
extention
2. When two ratios are equal
high risk investment
investment
net capitalized cost
proportion
3. The point where income and expenses intersect (no loss or profit)
break even point
compounded interest
conventional mortgage
simple interest
4. used when the each piece of data has more than one component
mortgage
compounded annually
weighted average
shares
5. The person paying to borrow property for a certain amount of time for payments
compounded daily
lessee
p.a.
fractions
6. you may get a large return or get nothing
high risk investment
investment
foreign currency exchange
the three items that may have to be subracted from the gross return figure when calculating net return
7. (simple average) adding the group of items and dividing by the total number of items
mortgage
compounded annually
mean
lessee
8. A percentage discount for buyers associated with the products being sold
sensitivity analysis
trade discount
retired or amortized
front-loaded
9. A percentage discount to customers
capital cost allowance
income statement
compounded annually
special discounts
10. Security for a loan
high-ratio mortgage
the two methods calculators use to process information
capital cost allowance
collateral
11. loans to companies or goverments (no voting rights)
chain discounts
bonds
cross-footing
compounded annually
12. The score that falls in the middle
chain discounts
median
special discounts
parameter
13. Interest is paid four times a year
compounded quarterly
collateral
special discounts
medium risk investment
14. Time worked beyond the established working hours
compounded monthly
overtime
high risk investment
the two types of interest
15. The first number
multiplicand
high risk investment
multiplier
proportion
16. The lowest number in a group of data
minimum
compounded quarterly
sales commission
term
17. Costs that fluctuate
parameter
bonds
balance sheet
variable costs
18. An item of data the stays the same
term
constant
investment
cash flow
19. Preference and common
chain discounts
the two main types of shares
mean
fractions
20. An item of data that has a different value at different times
mortgagee
sensitivity analysis
variable
amortization period
21. The number you are multipliying by
cash discounts
retired or amortized
p.a.
multiplier
22. real estate (houses - condos - warehouses - factories - etc)
maximum
real property
investment
multiplicand
23. Indicators of the confidence investors have in a company (the higher the better)
retired or amortized
weighted average
sensitivity analysis
price earnings ratios
24. A series of discounts
interest
chain discounts
multi modal
minimum
25. Simple and compound
the two types of interest
foreclosure
proportion
lessee
26. The info collected from a survey and the figures generated through statistical analysis
lease
data
retired or amortized
collateral
27. A bill
sensitivity analysis
fractions
invoice
the three items that may have to be subracted from the gross return figure when calculating net return
28. The highest number in a group of data
mode
assets
maximum
median
29. A number calculated from sample data
the two main types of shares
statistic
the three items that may have to be subracted from the gross return figure when calculating net return
trade discount
30. The most frequently occuring value in a group of data
variable costs
lessee
mode
balance sheet
31. The lender
mortgagee
population
variable costs
multi modal
32. Provide a specific dividend that is paid before any dividends are paid to common stock holders
data
trade discount
preference shares
compounded interest
33. Costs that remain constant
fixed costs
maximum
the two main types of shares
net capitalized cost
34. Something that is expected to return a profit
investment
variable costs
compounded annually
multiplicand
35. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded daily
foreclosure
residual value
investment
36. The price after any down-payment or trade-in
residual value
net capitalized cost
lessor
the three items that may have to be subracted from the gross return figure when calculating net return
37. Amount of money coming in and going out of your business monthly
cash flow
high risk investment
mortgagor
multi modal
38. Share of the profits of a company
dividend
money factor
common shares
the two methods calculators use to process information
39. Investing in a well-established company
variable
medium risk investment
divisor
loan
40. Per annum - yearly
compounded sem-annually
p.a.
multiplier
investment
41. The number to be divided by
dividend
fractions
amortization schedule
break even point
42. Interest is paid once a year
compounded annually
interest
ratio
range
43. Part ownership in a company
multiplier
multiplicand
shares
proportion
44. Interest is paid twice a year
capital cost allowance
mean
compounded sem-annually
p.a.
45. Interest calculated on the principle
weighted average
minimum
the four helpful calculating tools
simple interest
46. The amount the property is worth at the end of the lease
high risk investment
risk
residual value
special discounts
47. The owner of the property
range
lessor
income statement
p.a.
48. The length of time until the debt is zero
amortization period
sales commission
bottom line figures
divisor
49. The amount of money borrowed is less than 75% of the purchase price
complete enumeration survey
conventional mortgage
fixed costs
compounded interest
50. of one hundred
percent
variable
capital cost allowance
amortization schedule
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