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 amount of money borrowed is between 75% - 95% of the purchase price
p.a.
compounded monthly
price earnings ratios
high-ratio mortgage
2. The majority of the early payments go toward paying the interest on the loan
front-loaded
dividend
common shares
chain discounts
3. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
dividend
residual value
weighted average
4. The point where income and expenses intersect (no loss or profit)
liabilities
range
weighted average
break even point
5. The number you are multipliying by
multiplier
weighted average
the four helpful calculating tools
break even point
6. Interest calculated on the principal plus any accumulated interest
compounded interest
chain discounts
p.a.
dividend
7. Interest is paid 365 times a year
cash flow
term
compounded daily
front-loaded
8. The score that falls in the middle
compounded annually
high-ratio mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
median
9. of one hundred
compounded daily
p.a.
percent
per diem
10. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
mode
ratio
maximum
11. When two ratios are equal
proportion
net capitalized cost
extention
cash discounts
12. Shows the assets - liabilities and financial position of the company
divisor
balance sheet
parameter
lease
13. The total of units multiplied by the price
extention
foreign currency exchange
fractions
investment
14. Indicators of the confidence investors have in a company (the higher the better)
common shares
the four helpful calculating tools
shares
price earnings ratios
15. The lowest number in a group of data
minimum
mortgagee
sales commission
high risk investment
16. The highest number in a group of data
mortgage
extention
amortization period
maximum
17. The borrower
dividend
mortgagor
sensitivity analysis
real property
18. The person paying to borrow property for a certain amount of time for payments
preference shares
lessee
minimum
variable
19. A percentage discount for buyers associated with the products being sold
population
range
fixed costs
trade discount
20. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
special discounts
liabilities
mortgagee
21. Costs that remain constant
fixed costs
population
high risk investment
extention
22. Non-payment
income statement
cash flow
preference shares
default
23. The first number
bonds
per diem
simple interest
multiplicand
24. Deciding if its worth the risk
front-loaded
variable
maximum
sensitivity analysis
25. An item of data the stays the same
constant
mortgagee
range
multi modal
26. Interest is paid twice a year
cash flow
compounded sem-annually
simple interest
lessee
27. The unexpected variablility of returns
risk
multiplicand
population
investment
28. More than one frequently occuring value in a group of data
multi modal
per diem
the three items that may have to be subracted from the gross return figure when calculating net return
sensitivity analysis
29. A portion of the population being studied
bonds
capital cost allowance
mode
sample
30. Per annum - yearly
price earnings ratios
income statement
p.a.
low risk investment
31. The money paid to an employee based on a percentage of their sales
capital cost allowance
population
percent
sales commission
32. A complete set of individuals - objects or scores being studied
cash discounts
population
chain discounts
income statement
33. Interest calculated on the principle
foreclosure
compounded monthly
invoice
simple interest
34. The price after any down-payment or trade-in
cash discounts
amortization period
net capitalized cost
simple interest
35. Per day
extention
retired or amortized
per diem
shares
36. Time worked beyond the established working hours
medium risk investment
overtime
maximum
residual value
37. Security for a loan
liabilities
conventional mortgage
collateral
population
38. A loan
mortgage
sales commission
cross-footing
personal property
39. The interest amount is small - but you are guaranteed to get something
loan
ratio
sample
low risk investment
40. A comparison of two numbers
amortization period
range
ratio
compounded annually
41. The owner of the property
mortgage
cash discounts
lessor
cross-footing
42. The difference between the highest and lowest numbers in a set of data
invoice
real property
cash flow
range
43. The number you are dividing by
amortization period
bonds
divisor
net capitalized cost
44. Something that is expected to return a profit
investment
mortgagor
range
extention
45. Parts of a whole number
fractions
lessor
balance sheet
the two main types of shares
46. The amount of money borrowed is less than 75% of the purchase price
percent
price earnings ratios
conventional mortgage
mortgagee
47. The number to be divided by
dividend
sample
divisor
lease
48. Simple and compound
mortgagee
low risk investment
the two types of interest
sample
49. real estate (houses - condos - warehouses - factories - etc)
collateral
price earnings ratios
real property
compounded daily
50. used when the each piece of data has more than one component
special discounts
weighted average
real property
sensitivity analysis