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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. The number you are multipliying by
multiplier
net capitalized cost
personal property
variable costs
2. The point where income and expenses intersect (no loss or profit)
net capitalized cost
variable
break even point
shares
3. Per day
assets
per diem
foreign currency exchange
compounded quarterly
4. Interest is paid four times a year
multi modal
compounded quarterly
cross-footing
assets
5. Investing in a well-established company
compounded quarterly
medium risk investment
the two methods calculators use to process information
residual value
6. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
per diem
mode
parameter
7. The number to be divided by
amortization period
dividend
lessor
common shares
8. The process of repossessing and selling the real or personal property when the borrower has defaulted
trade discount
high-ratio mortgage
foreclosure
compounded interest
9. Things you own
assets
liabilities
common shares
multiplier
10. A portion of the population being studied
proportion
foreclosure
sample
lessor
11. Money given to someone on condition the person will return the money and interest by a specific date
constant
loan
liabilities
population
12. Amounts of money you owe
maximum
liabilities
divisor
sales commission
13. Shows the assets - liabilities and financial position of the company
balance sheet
common shares
range
sample
14. Number calculated from population data
mortgagee
simple interest
parameter
residual value
15. The owner of the property
multi modal
the two methods calculators use to process information
lessor
balance sheet
16. Interest is paid twice a year
dividend
compounded sem-annually
shares
compounded daily
17. Security for a loan
bottom line figures
cash discounts
collateral
money factor
18. real estate (houses - condos - warehouses - factories - etc)
real property
risk
high-ratio mortgage
extention
19. A series of discounts
compounded quarterly
special discounts
fixed costs
chain discounts
20. loans to companies or goverments (no voting rights)
compounded daily
lease
common shares
bonds
21. An item of data that has a different value at different times
variable
medium risk investment
proportion
divisor
22. of one hundred
percent
overtime
income statement
low risk investment
23. A number calculated from sample data
cash discounts
compounded interest
break even point
statistic
24. When two ratios are equal
investment
proportion
shares
compounded daily
25. Commission fee - inflation rate - capital gains tax
variable
net capitalized cost
the three items that may have to be subracted from the gross return figure when calculating net return
front-loaded
26. Amount of money coming in and going out of your business monthly
compounded annually
ratio
trade discount
cash flow
27. Interest is paid 365 times a year
compounded annually
conventional mortgage
compounded daily
multiplier
28. Indicators of the confidence investors have in a company (the higher the better)
preference shares
price earnings ratios
extention
investment
29. The first number
multiplicand
lessee
compounded quarterly
risk
30. The number you are dividing by
income statement
cash flow
divisor
compounded sem-annually
31. More than one frequently occuring value in a group of data
multi modal
break even point
minimum
lessee
32. An item of data the stays the same
constant
compounded sem-annually
lessor
variable costs
33. A contract giving someone the right to use something for a certain length of time
bottom line figures
cash discounts
lease
cash flow
34. Interest calculated on the principal plus any accumulated interest
cash discounts
maximum
extention
compounded interest
35. Parts of a whole number
fractions
p.a.
common shares
multiplicand
36. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
cash discounts
the two methods calculators use to process information
multi modal
37. The person paying to borrow property for a certain amount of time for payments
price earnings ratios
constant
lessee
bonds
38. Share of the profits of a company
collateral
dividend
simple interest
cash flow
39. Per annum - yearly
p.a.
per diem
the two main types of shares
investment
40. electronic - portable (pocket) - computer - spreadsheets
medium risk investment
retired or amortized
mean
the four helpful calculating tools
41. (simple average) adding the group of items and dividing by the total number of items
conventional mortgage
proportion
high risk investment
mean
42. The price after any down-payment or trade-in
income statement
net capitalized cost
extention
cross-footing
43. Paid in full
ratio
high risk investment
amortization schedule
retired or amortized
44. The borrower
mortgagor
p.a.
foreign currency exchange
front-loaded
45. The lender
p.a.
compounded sem-annually
proportion
mortgagee
46. A bill
invoice
special discounts
overtime
medium risk investment
47. A complete set of individuals - objects or scores being studied
compounded annually
cash discounts
population
bottom line figures
48. Property other than real estate (often called a chattel mortgage)
personal property
sensitivity analysis
interest
break even point
49. Where info is collected for every unit of the population
the four helpful calculating tools
per diem
complete enumeration survey
constant
50. Adding columns of figures horizontally and vertically to check that the totals agree
proportion
cross-footing
extention
high risk investment