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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 first number
maximum
multiplicand
p.a.
preference shares
2. More than one frequently occuring value in a group of data
interest
multiplier
multi modal
retired or amortized
3. The number you are multipliying by
term
the two types of interest
conventional mortgage
multiplier
4. Non-payment
default
range
variable costs
parameter
5. Time worked beyond the established working hours
amortization schedule
loan
overtime
retired or amortized
6. A rate that one currency can be exchanged for another
mortgagee
compounded interest
liabilities
foreign currency exchange
7. The process of repossessing and selling the real or personal property when the borrower has defaulted
complete enumeration survey
shares
price earnings ratios
foreclosure
8. The interest amount is small - but you are guaranteed to get something
low risk investment
amortization period
the four helpful calculating tools
interest
9. The most frequently occuring value in a group of data
mode
conventional mortgage
invoice
weighted average
10. The number to be divided by
dividend
collateral
interest
variable costs
11. A loan
the two types of interest
loan
maximum
mortgage
12. Costs that fluctuate
multiplicand
variable costs
per diem
bonds
13. Interest is paid twelve times a year
common shares
compounded monthly
per diem
constant
14. The person paying to borrow property for a certain amount of time for payments
data
lessee
multiplicand
mortgagor
15. The depreciation of an asset as an expense
minimum
capital cost allowance
mean
population
16. Interest calculated on the principal plus any accumulated interest
range
constant
invoice
compounded interest
17. Amounts of money you owe
minimum
residual value
liabilities
compounded daily
18. The lender
low risk investment
divisor
mortgagee
maximum
19. loans to companies or goverments (no voting rights)
fixed costs
bonds
ratio
mortgage
20. A percentage discount to customers
the four helpful calculating tools
special discounts
break even point
variable costs
21. The owner of the property
preference shares
lessor
investment
data
22. Security for a loan
invoice
collateral
default
overtime
23. The info collected from a survey and the figures generated through statistical analysis
capital cost allowance
risk
investment
data
24. Something that is expected to return a profit
investment
maximum
common shares
lease
25. The difference between the highest and lowest numbers in a set of data
price earnings ratios
the four helpful calculating tools
preference shares
range
26. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
compounded monthly
cash flow
conventional mortgage
27. A complete set of individuals - objects or scores being studied
statistic
overtime
loan
population
28. The total of units multiplied by the price
balance sheet
data
high risk investment
extention
29. The final figures
common shares
high risk investment
bottom line figures
weighted average
30. An item of data the stays the same
interest
median
cash flow
constant
31. Money earned on an investment or paid on a loan
interest
price earnings ratios
compounded interest
ratio
32. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded annually
balance sheet
common shares
preference shares
33. Where info is collected for every unit of the population
mortgage
complete enumeration survey
extention
price earnings ratios
34. Deciding if its worth the risk
fractions
sample
sensitivity analysis
mortgage
35. Paid dividends after the preference shares have been paid
overtime
common shares
interest
proportion
36. A chart that shows the balance of the mortgage after each amortization period
fixed costs
income statement
lessor
amortization schedule
37. The length of the loan
balance sheet
multi modal
term
net capitalized cost
38. The price after any down-payment or trade-in
net capitalized cost
compounded annually
residual value
trade discount
39. The amount the property is worth at the end of the lease
fractions
medium risk investment
compounded sem-annually
residual value
40. A percentage discount for buyers associated with the products being sold
balance sheet
trade discount
ratio
compounded sem-annually
41. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
compounded sem-annually
median
divisor
42. Interest is paid once a year
compounded annually
investment
fixed costs
invoice
43. Preference and common
the two main types of shares
compounded interest
high-ratio mortgage
compounded monthly
44. Things you own
dividend
mortgagee
assets
the two main types of shares
45. Per day
amortization schedule
ratio
risk
per diem
46. The lowest number in a group of data
chain discounts
minimum
retired or amortized
extention
47. used when the each piece of data has more than one component
weighted average
shares
cash flow
percent
48. The length of time until the debt is zero
price earnings ratios
amortization period
break even point
shares
49. Discounts offered to encourage customers to pay their bills on time
cash discounts
lease
the two main types of shares
lessee
50. The borrower
trade discount
multiplier
the two types of interest
mortgagor