SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. The borrower
amortization period
mortgagor
variable costs
sample
2. The process of repossessing and selling the real or personal property when the borrower has defaulted
ratio
mode
foreclosure
bonds
3. Interest calculated on the principle
term
cash flow
compounded quarterly
simple interest
4. When two ratios are equal
liabilities
sales commission
proportion
bottom line figures
5. A chart that shows the balance of the mortgage after each amortization period
variable costs
extention
amortization schedule
real property
6. The number you are dividing by
sample
the three items that may have to be subracted from the gross return figure when calculating net return
divisor
sensitivity analysis
7. The highest number in a group of data
percent
overtime
chain discounts
maximum
8. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
cross-footing
chain discounts
mortgagor
9. Share of the profits of a company
mode
dividend
amortization schedule
sensitivity analysis
10. Interest is paid four times a year
mode
complete enumeration survey
per diem
compounded quarterly
11. Discounts offered to encourage customers to pay their bills on time
cash discounts
preference shares
high risk investment
constant
12. Algebraic - arithmetic
the two methods calculators use to process information
simple interest
the two main types of shares
extention
13. Non-payment
complete enumeration survey
default
amortization schedule
cash flow
14. Interest is paid once a year
dividend
parameter
compounded monthly
compounded annually
15. An item of data that has a different value at different times
maximum
per diem
high-ratio mortgage
variable
16. Number calculated from population data
simple interest
parameter
variable
minimum
17. Shows the money coming in and expenses for a certain period of time.
parameter
income statement
term
population
18. The final figures
common shares
bottom line figures
maximum
ratio
19. The most frequently occuring value in a group of data
capital cost allowance
price earnings ratios
the three items that may have to be subracted from the gross return figure when calculating net return
mode
20. A percentage discount to customers
conventional mortgage
special discounts
simple interest
percent
21. Time worked beyond the established working hours
sample
conventional mortgage
overtime
capital cost allowance
22. A rate that one currency can be exchanged for another
foreign currency exchange
ratio
statistic
price earnings ratios
23. The number you are multipliying by
multiplier
shares
the two main types of shares
dividend
24. Money given to someone on condition the person will return the money and interest by a specific date
compounded monthly
weighted average
loan
cross-footing
25. The owner of the property
balance sheet
collateral
lessor
constant
26. The price after any down-payment or trade-in
net capitalized cost
default
loan
capital cost allowance
27. Interest is paid twice a year
medium risk investment
fixed costs
dividend
compounded sem-annually
28. The amount of money borrowed is less than 75% of the purchase price
special discounts
preference shares
cash discounts
conventional mortgage
29. Where info is collected for every unit of the population
amortization schedule
complete enumeration survey
personal property
weighted average
30. Costs that fluctuate
variable costs
price earnings ratios
cash flow
income statement
31. Costs that remain constant
compounded monthly
loan
fixed costs
retired or amortized
32. The money paid to an employee based on a percentage of their sales
special discounts
variable
mortgagee
sales commission
33. A number calculated from sample data
sample
investment
statistic
amortization period
34. Amount of money coming in and going out of your business monthly
collateral
cash flow
compounded quarterly
parameter
35. The first number
multiplicand
income statement
retired or amortized
amortization period
36. electronic - portable (pocket) - computer - spreadsheets
the two types of interest
variable
sample
the four helpful calculating tools
37. The length of time until the debt is zero
high risk investment
amortization period
preference shares
lessor
38. The majority of the early payments go toward paying the interest on the loan
mortgagor
statistic
money factor
front-loaded
39. More than one frequently occuring value in a group of data
income statement
multi modal
complete enumeration survey
break even point
40. Amounts of money you owe
foreign currency exchange
assets
mode
liabilities
41. A loan
conventional mortgage
mortgage
mortgagor
loan
42. The lowest number in a group of data
break even point
minimum
low risk investment
population
43. The amount of money borrowed is between 75% - 95% of the purchase price
retired or amortized
median
high-ratio mortgage
balance sheet
44. Deciding if its worth the risk
foreclosure
maximum
default
sensitivity analysis
45. The point where income and expenses intersect (no loss or profit)
percent
investment
break even point
multiplier
46. The person paying to borrow property for a certain amount of time for payments
interest
break even point
lessee
compounded sem-annually
47. The score that falls in the middle
money factor
default
median
variable
48. A complete set of individuals - objects or scores being studied
the two methods calculators use to process information
complete enumeration survey
income statement
population
49. The info collected from a survey and the figures generated through statistical analysis
trade discount
data
foreclosure
p.a.
50. Interest is paid twelve times a year
compounded monthly
compounded quarterly
population
foreclosure