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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. Shows the money coming in and expenses for a certain period of time.
per diem
net capitalized cost
p.a.
income statement
2. The number to be divided by
compounded monthly
dividend
divisor
lessor
3. The total of units multiplied by the price
high risk investment
loan
complete enumeration survey
extention
4. The final figures
break even point
foreclosure
bottom line figures
fixed costs
5. Investing in a well-established company
parameter
medium risk investment
sales commission
the two types of interest
6. The amount of money borrowed is less than 75% of the purchase price
sample
conventional mortgage
high risk investment
liabilities
7. Interest calculated on the principle
conventional mortgage
fixed costs
divisor
simple interest
8. The borrower
mortgagor
retired or amortized
lessee
high-ratio mortgage
9. Where info is collected for every unit of the population
maximum
mortgage
complete enumeration survey
foreign currency exchange
10. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded sem-annually
amortization schedule
foreclosure
default
11. Per annum - yearly
p.a.
amortization period
money factor
compounded sem-annually
12. A comparison of two numbers
dividend
mortgagor
lease
ratio
13. An item of data that has a different value at different times
capital cost allowance
low risk investment
variable
parameter
14. The majority of the early payments go toward paying the interest on the loan
interest
mortgagor
front-loaded
compounded sem-annually
15. When two ratios are equal
amortization period
proportion
data
mortgagor
16. Time worked beyond the established working hours
overtime
special discounts
cash flow
ratio
17. The length of time until the debt is zero
minimum
loan
amortization period
invoice
18. A loan
cross-footing
mode
range
mortgage
19. Parts of a whole number
interest
lease
fractions
sample
20. The info collected from a survey and the figures generated through statistical analysis
statistic
sales commission
data
compounded monthly
21. The number you are multipliying by
assets
multiplier
the two main types of shares
population
22. Security for a loan
dividend
mortgage
collateral
fixed costs
23. Per day
chain discounts
price earnings ratios
per diem
compounded annually
24. The amount the property is worth at the end of the lease
residual value
maximum
retired or amortized
amortization period
25. Shows the assets - liabilities and financial position of the company
chain discounts
dividend
balance sheet
retired or amortized
26. An item of data the stays the same
trade discount
ratio
constant
shares
27. Indicators of the confidence investors have in a company (the higher the better)
cross-footing
price earnings ratios
the four helpful calculating tools
risk
28. Paid in full
medium risk investment
sales commission
retired or amortized
weighted average
29. Interest is paid four times a year
per diem
fixed costs
price earnings ratios
compounded quarterly
30. The depreciation of an asset as an expense
low risk investment
capital cost allowance
sample
fixed costs
31. A portion of the population being studied
compounded monthly
overtime
sample
parameter
32. Non-payment
interest
foreign currency exchange
default
compounded annually
33. Part ownership in a company
foreclosure
shares
sales commission
conventional mortgage
34. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded sem-annually
high-ratio mortgage
sample
preference shares
35. A decimal figure when x by 2400 gives an approximate annual interest rate
weighted average
money factor
mortgage
mode
36. The unexpected variablility of returns
price earnings ratios
risk
interest
population
37. The first number
population
multiplicand
assets
multi modal
38. The number you are dividing by
term
residual value
the four helpful calculating tools
divisor
39. The interest amount is small - but you are guaranteed to get something
low risk investment
shares
mortgagor
assets
40. The person paying to borrow property for a certain amount of time for payments
multi modal
balance sheet
lessee
p.a.
41. real estate (houses - condos - warehouses - factories - etc)
real property
extention
proportion
trade discount
42. Costs that fluctuate
retired or amortized
the two types of interest
variable costs
statistic
43. The price after any down-payment or trade-in
mortgagor
front-loaded
net capitalized cost
the three items that may have to be subracted from the gross return figure when calculating net return
44. Something that is expected to return a profit
investment
compounded interest
mean
foreclosure
45. The difference between the highest and lowest numbers in a set of data
data
range
dividend
lease
46. of one hundred
percent
bottom line figures
compounded interest
money factor
47. Interest is paid twelve times a year
compounded monthly
maximum
risk
assets
48. used when the each piece of data has more than one component
loan
interest
complete enumeration survey
weighted average
49. The lowest number in a group of data
amortization period
minimum
sample
complete enumeration survey
50. Interest is paid 365 times a year
the four helpful calculating tools
special discounts
compounded daily
medium risk investment
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