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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. electronic - portable (pocket) - computer - spreadsheets
the three items that may have to be subracted from the gross return figure when calculating net return
balance sheet
the four helpful calculating tools
weighted average
2. The number you are multipliying by
mortgagor
multiplier
multiplicand
loan
3. Where info is collected for every unit of the population
sales commission
the two methods calculators use to process information
break even point
complete enumeration survey
4. Costs that remain constant
fixed costs
the two methods calculators use to process information
the two types of interest
simple interest
5. The final figures
investment
range
bottom line figures
special discounts
6. The total of units multiplied by the price
extention
default
dividend
data
7. An item of data the stays the same
assets
compounded daily
constant
capital cost allowance
8. Shows the assets - liabilities and financial position of the company
mortgage
simple interest
high risk investment
balance sheet
9. Interest is paid 365 times a year
compounded daily
balance sheet
amortization schedule
conventional mortgage
10. A decimal figure when x by 2400 gives an approximate annual interest rate
range
mortgagee
money factor
the four helpful calculating tools
11. The number you are dividing by
conventional mortgage
the two methods calculators use to process information
divisor
minimum
12. (simple average) adding the group of items and dividing by the total number of items
mean
special discounts
median
dividend
13. A chart that shows the balance of the mortgage after each amortization period
minimum
bonds
compounded daily
amortization schedule
14. A complete set of individuals - objects or scores being studied
population
lessee
compounded daily
divisor
15. The length of the loan
lessee
low risk investment
mode
term
16. A bill
per diem
mode
dividend
invoice
17. The unexpected variablility of returns
risk
net capitalized cost
statistic
front-loaded
18. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
compounded sem-annually
common shares
collateral
19. Share of the profits of a company
dividend
mean
risk
preference shares
20. Non-payment
compounded sem-annually
default
chain discounts
assets
21. Parts of a whole number
risk
fractions
cross-footing
term
22. Paid dividends after the preference shares have been paid
lease
medium risk investment
common shares
lessee
23. Things you own
compounded annually
amortization period
assets
compounded sem-annually
24. Amount of money coming in and going out of your business monthly
population
maximum
cash flow
compounded annually
25. The lender
bonds
mortgagee
multiplicand
foreign currency exchange
26. you may get a large return or get nothing
high risk investment
dividend
statistic
dividend
27. The length of time until the debt is zero
bonds
amortization period
collateral
high-ratio mortgage
28. A series of discounts
the four helpful calculating tools
constant
loan
chain discounts
29. Discounts offered to encourage customers to pay their bills on time
bonds
variable costs
the three items that may have to be subracted from the gross return figure when calculating net return
cash discounts
30. The money paid to an employee based on a percentage of their sales
compounded sem-annually
compounded annually
sales commission
liabilities
31. The depreciation of an asset as an expense
capital cost allowance
balance sheet
amortization period
variable costs
32. Per annum - yearly
medium risk investment
sample
mode
p.a.
33. Part ownership in a company
range
multi modal
shares
constant
34. Investing in a well-established company
variable costs
medium risk investment
multiplicand
percent
35. used when the each piece of data has more than one component
mode
fixed costs
cash discounts
weighted average
36. of one hundred
percent
balance sheet
variable costs
dividend
37. The info collected from a survey and the figures generated through statistical analysis
data
preference shares
term
lessee
38. Indicators of the confidence investors have in a company (the higher the better)
variable
amortization schedule
price earnings ratios
complete enumeration survey
39. A comparison of two numbers
high risk investment
sample
ratio
fixed costs
40. A portion of the population being studied
loan
sample
assets
parameter
41. Interest is paid four times a year
bonds
compounded quarterly
dividend
front-loaded
42. The point where income and expenses intersect (no loss or profit)
divisor
constant
break even point
risk
43. The person paying to borrow property for a certain amount of time for payments
lessee
real property
cash discounts
variable costs
44. A percentage discount to customers
weighted average
conventional mortgage
high risk investment
special discounts
45. Interest calculated on the principle
real property
sensitivity analysis
dividend
simple interest
46. More than one frequently occuring value in a group of data
bonds
compounded monthly
multi modal
dividend
47. The amount the property is worth at the end of the lease
residual value
compounded annually
maximum
proportion
48. Shows the money coming in and expenses for a certain period of time.
per diem
data
balance sheet
income statement
49. Paid in full
retired or amortized
cash flow
dividend
cash discounts
50. Commission fee - inflation rate - capital gains tax
high-ratio mortgage
simple interest
mean
the three items that may have to be subracted from the gross return figure when calculating net return