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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Part ownership in a company
shares
collateral
the two types of interest
net capitalized cost
2. Amount of money coming in and going out of your business monthly
trade discount
real property
maximum
cash flow
3. Simple and compound
variable
variable costs
preference shares
the two types of interest
4. (simple average) adding the group of items and dividing by the total number of items
the two main types of shares
mean
amortization schedule
cross-footing
5. Interest is paid once a year
weighted average
cross-footing
compounded annually
sensitivity analysis
6. Non-payment
ratio
sales commission
default
front-loaded
7. real estate (houses - condos - warehouses - factories - etc)
real property
amortization schedule
front-loaded
parameter
8. More than one frequently occuring value in a group of data
multi modal
conventional mortgage
lessee
collateral
9. Property other than real estate (often called a chattel mortgage)
sample
parameter
default
personal property
10. The point where income and expenses intersect (no loss or profit)
the four helpful calculating tools
break even point
variable
divisor
11. Amounts of money you owe
percent
liabilities
retired or amortized
variable costs
12. Provide a specific dividend that is paid before any dividends are paid to common stock holders
sample
preference shares
break even point
compounded interest
13. A portion of the population being studied
weighted average
collateral
sample
net capitalized cost
14. The number you are multipliying by
multiplier
lessee
sample
weighted average
15. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
overtime
sensitivity analysis
risk
16. you may get a large return or get nothing
amortization period
statistic
front-loaded
high risk investment
17. The difference between the highest and lowest numbers in a set of data
dividend
percent
high-ratio mortgage
range
18. loans to companies or goverments (no voting rights)
invoice
special discounts
bonds
variable
19. Interest calculated on the principle
simple interest
investment
the two main types of shares
foreign currency exchange
20. A bill
real property
invoice
multiplier
sensitivity analysis
21. A contract giving someone the right to use something for a certain length of time
constant
lease
maximum
variable
22. The lowest number in a group of data
personal property
minimum
the two main types of shares
complete enumeration survey
23. The process of repossessing and selling the real or personal property when the borrower has defaulted
variable
foreclosure
loan
the two methods calculators use to process information
24. Indicators of the confidence investors have in a company (the higher the better)
high risk investment
sensitivity analysis
price earnings ratios
interest
25. Shows the money coming in and expenses for a certain period of time.
income statement
p.a.
bonds
dividend
26. The unexpected variablility of returns
liabilities
risk
sales commission
minimum
27. The owner of the property
bottom line figures
ratio
lessor
chain discounts
28. Costs that fluctuate
compounded quarterly
compounded daily
mean
variable costs
29. The borrower
mortgagor
data
multi modal
variable costs
30. A number calculated from sample data
lessee
divisor
statistic
proportion
31. Time worked beyond the established working hours
minimum
special discounts
overtime
income statement
32. Interest is paid twelve times a year
compounded monthly
variable
sensitivity analysis
ratio
33. A loan
mortgage
break even point
trade discount
loan
34. The number you are dividing by
divisor
trade discount
compounded interest
retired or amortized
35. The length of the loan
term
investment
compounded annually
net capitalized cost
36. Investing in a well-established company
shares
the four helpful calculating tools
bonds
medium risk investment
37. The amount of money borrowed is less than 75% of the purchase price
medium risk investment
retired or amortized
multiplier
conventional mortgage
38. Algebraic - arithmetic
trade discount
term
loan
the two methods calculators use to process information
39. Something that is expected to return a profit
shares
mode
multiplicand
investment
40. A percentage discount for buyers associated with the products being sold
data
bonds
trade discount
proportion
41. The final figures
bottom line figures
term
medium risk investment
collateral
42. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
common shares
lessor
high risk investment
43. The lender
mortgagee
dividend
multiplier
complete enumeration survey
44. Parts of a whole number
fractions
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
data
45. The interest amount is small - but you are guaranteed to get something
low risk investment
foreclosure
balance sheet
lessor
46. Security for a loan
sensitivity analysis
collateral
retired or amortized
median
47. of one hundred
compounded annually
high-ratio mortgage
percent
p.a.
48. Costs that remain constant
compounded monthly
constant
invoice
fixed costs
49. The depreciation of an asset as an expense
foreclosure
capital cost allowance
the two main types of shares
lessee
50. The number to be divided by
liabilities
overtime
dividend
money factor
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