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. A comparison of two numbers
ratio
p.a.
range
chain discounts
2. An item of data that has a different value at different times
median
per diem
variable
chain discounts
3. The price after any down-payment or trade-in
high-ratio mortgage
ratio
net capitalized cost
proportion
4. The amount of money borrowed is between 75% - 95% of the purchase price
amortization schedule
price earnings ratios
high-ratio mortgage
overtime
5. Share of the profits of a company
dividend
compounded quarterly
front-loaded
fractions
6. Interest is paid four times a year
trade discount
income statement
cash flow
compounded quarterly
7. A bill
dividend
assets
invoice
the three items that may have to be subracted from the gross return figure when calculating net return
8. Interest is paid twice a year
compounded sem-annually
variable costs
assets
parameter
9. Property other than real estate (often called a chattel mortgage)
population
personal property
trade discount
weighted average
10. A rate that one currency can be exchanged for another
weighted average
term
foreign currency exchange
mean
11. A complete set of individuals - objects or scores being studied
investment
population
compounded daily
range
12. The majority of the early payments go toward paying the interest on the loan
bonds
front-loaded
default
special discounts
13. The number to be divided by
interest
compounded daily
dividend
real property
14. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
overtime
the three items that may have to be subracted from the gross return figure when calculating net return
median
15. you may get a large return or get nothing
high risk investment
income statement
preference shares
bonds
16. The money paid to an employee based on a percentage of their sales
term
liabilities
net capitalized cost
sales commission
17. Money given to someone on condition the person will return the money and interest by a specific date
ratio
medium risk investment
lease
loan
18. A decimal figure when x by 2400 gives an approximate annual interest rate
lessee
compounded interest
money factor
high risk investment
19. A contract giving someone the right to use something for a certain length of time
the three items that may have to be subracted from the gross return figure when calculating net return
capital cost allowance
personal property
lease
20. The total of units multiplied by the price
the two types of interest
extention
sensitivity analysis
per diem
21. Shows the money coming in and expenses for a certain period of time.
residual value
amortization period
the two main types of shares
income statement
22. Things you own
multiplier
assets
capital cost allowance
multiplicand
23. Where info is collected for every unit of the population
trade discount
high risk investment
complete enumeration survey
interest
24. A series of discounts
constant
invoice
compounded quarterly
chain discounts
25. The amount of money borrowed is less than 75% of the purchase price
statistic
special discounts
conventional mortgage
p.a.
26. An item of data the stays the same
simple interest
constant
invoice
maximum
27. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
per diem
common shares
data
28. Per day
bonds
per diem
net capitalized cost
retired or amortized
29. (simple average) adding the group of items and dividing by the total number of items
divisor
default
proportion
mean
30. The amount the property is worth at the end of the lease
the two types of interest
weighted average
residual value
overtime
31. The interest amount is small - but you are guaranteed to get something
low risk investment
sales commission
net capitalized cost
statistic
32. Preference and common
personal property
dividend
the two main types of shares
lease
33. A number calculated from sample data
foreign currency exchange
statistic
compounded interest
weighted average
34. Interest calculated on the principle
trade discount
mortgagor
proportion
simple interest
35. used when the each piece of data has more than one component
collateral
foreign currency exchange
mortgage
weighted average
36. Paid in full
retired or amortized
simple interest
per diem
median
37. More than one frequently occuring value in a group of data
multi modal
parameter
sensitivity analysis
shares
38. Part ownership in a company
mode
shares
price earnings ratios
compounded monthly
39. The difference between the highest and lowest numbers in a set of data
low risk investment
mean
dividend
range
40. The lender
mortgagee
compounded quarterly
compounded daily
fixed costs
41. real estate (houses - condos - warehouses - factories - etc)
real property
compounded monthly
foreign currency exchange
medium risk investment
42. Shows the assets - liabilities and financial position of the company
the three items that may have to be subracted from the gross return figure when calculating net return
retired or amortized
mortgage
balance sheet
43. Commission fee - inflation rate - capital gains tax
shares
range
the three items that may have to be subracted from the gross return figure when calculating net return
risk
44. The person paying to borrow property for a certain amount of time for payments
the two types of interest
simple interest
balance sheet
lessee
45. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
mortgagor
compounded daily
high risk investment
46. The first number
investment
multiplicand
the three items that may have to be subracted from the gross return figure when calculating net return
net capitalized cost
47. Algebraic - arithmetic
foreclosure
compounded quarterly
the two methods calculators use to process information
sales commission
48. Provide a specific dividend that is paid before any dividends are paid to common stock holders
the two methods calculators use to process information
compounded daily
compounded monthly
preference shares
49. Paid dividends after the preference shares have been paid
dividend
common shares
retired or amortized
maximum
50. The depreciation of an asset as an expense
capital cost allowance
data
invoice
bottom line figures