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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. A comparison of two numbers
median
the two main types of shares
money factor
ratio
2. The lowest number in a group of data
high risk investment
retired or amortized
mean
minimum
3. Things you own
per diem
term
assets
residual value
4. Non-payment
loan
per diem
high-ratio mortgage
default
5. When two ratios are equal
money factor
collateral
proportion
mortgage
6. loans to companies or goverments (no voting rights)
capital cost allowance
complete enumeration survey
cash flow
bonds
7. A bill
invoice
mortgagor
sales commission
mean
8. A percentage discount to customers
percent
assets
special discounts
data
9. Costs that remain constant
compounded interest
term
per diem
fixed costs
10. The borrower
variable
compounded quarterly
money factor
mortgagor
11. A complete set of individuals - objects or scores being studied
population
compounded daily
complete enumeration survey
sales commission
12. Preference and common
complete enumeration survey
invoice
the two main types of shares
front-loaded
13. Interest is paid twice a year
compounded sem-annually
multiplicand
amortization schedule
the two main types of shares
14. The most frequently occuring value in a group of data
mode
real property
multiplier
compounded annually
15. The lender
interest
mortgagee
simple interest
income statement
16. The score that falls in the middle
median
proportion
the four helpful calculating tools
extention
17. A series of discounts
population
chain discounts
foreign currency exchange
loan
18. The final figures
statistic
assets
bottom line figures
complete enumeration survey
19. The majority of the early payments go toward paying the interest on the loan
loan
medium risk investment
front-loaded
mortgagor
20. Part ownership in a company
multi modal
simple interest
statistic
shares
21. Investing in a well-established company
medium risk investment
mortgagee
term
real property
22. used when the each piece of data has more than one component
income statement
the four helpful calculating tools
weighted average
dividend
23. The person paying to borrow property for a certain amount of time for payments
investment
medium risk investment
lessee
balance sheet
24. More than one frequently occuring value in a group of data
money factor
multi modal
amortization schedule
foreclosure
25. Money earned on an investment or paid on a loan
the four helpful calculating tools
interest
special discounts
dividend
26. The number you are dividing by
divisor
data
net capitalized cost
balance sheet
27. Interest is paid once a year
loan
compounded annually
term
minimum
28. The total of units multiplied by the price
residual value
mode
investment
extention
29. Number calculated from population data
price earnings ratios
cross-footing
parameter
overtime
30. Amount of money coming in and going out of your business monthly
simple interest
bonds
extention
cash flow
31. electronic - portable (pocket) - computer - spreadsheets
mortgagor
preference shares
personal property
the four helpful calculating tools
32. Shows the assets - liabilities and financial position of the company
maximum
special discounts
balance sheet
the four helpful calculating tools
33. The unexpected variablility of returns
investment
risk
dividend
the two methods calculators use to process information
34. A percentage discount for buyers associated with the products being sold
trade discount
the two methods calculators use to process information
amortization schedule
multi modal
35. real estate (houses - condos - warehouses - factories - etc)
bottom line figures
divisor
minimum
real property
36. The amount the property is worth at the end of the lease
residual value
parameter
chain discounts
collateral
37. Interest calculated on the principal plus any accumulated interest
compounded interest
the two main types of shares
constant
multiplier
38. (simple average) adding the group of items and dividing by the total number of items
compounded monthly
mean
conventional mortgage
high risk investment
39. A loan
balance sheet
cash discounts
mortgage
interest
40. Interest is paid twelve times a year
invoice
complete enumeration survey
shares
compounded monthly
41. Property other than real estate (often called a chattel mortgage)
break even point
compounded interest
personal property
assets
42. An item of data the stays the same
high risk investment
constant
lessee
per diem
43. Adding columns of figures horizontally and vertically to check that the totals agree
balance sheet
bonds
trade discount
cross-footing
44. The depreciation of an asset as an expense
liabilities
capital cost allowance
compounded interest
variable costs
45. Amounts of money you owe
risk
proportion
liabilities
mean
46. The info collected from a survey and the figures generated through statistical analysis
cash flow
data
price earnings ratios
high risk investment
47. The money paid to an employee based on a percentage of their sales
compounded annually
sales commission
mortgage
multiplicand
48. The number you are multipliying by
simple interest
multiplier
proportion
mean
49. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
compounded annually
compounded quarterly
low risk investment
50. Paid in full
lessor
collateral
per diem
retired or amortized