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. Part ownership in a company
the two types of interest
shares
mortgage
multiplier
2. Things you own
sales commission
mode
assets
balance sheet
3. Shows the assets - liabilities and financial position of the company
investment
balance sheet
shares
invoice
4. The number to be divided by
minimum
fixed costs
dividend
foreign currency exchange
5. Interest is paid four times a year
compounded quarterly
low risk investment
shares
cross-footing
6. Paid dividends after the preference shares have been paid
invoice
dividend
compounded sem-annually
common shares
7. of one hundred
dividend
price earnings ratios
p.a.
percent
8. The majority of the early payments go toward paying the interest on the loan
lease
conventional mortgage
front-loaded
the four helpful calculating tools
9. Money earned on an investment or paid on a loan
interest
amortization period
compounded daily
sensitivity analysis
10. The person paying to borrow property for a certain amount of time for payments
common shares
lessee
interest
overtime
11. Security for a loan
preference shares
collateral
liabilities
invoice
12. An item of data the stays the same
per diem
low risk investment
constant
risk
13. Discounts offered to encourage customers to pay their bills on time
multiplier
cash discounts
term
p.a.
14. The most frequently occuring value in a group of data
the two main types of shares
foreign currency exchange
mode
compounded interest
15. you may get a large return or get nothing
parameter
high risk investment
multiplicand
high-ratio mortgage
16. Interest is paid twelve times a year
cash discounts
minimum
compounded monthly
lessor
17. used when the each piece of data has more than one component
front-loaded
weighted average
invoice
retired or amortized
18. A portion of the population being studied
sample
proportion
bonds
foreclosure
19. Provide a specific dividend that is paid before any dividends are paid to common stock holders
range
preference shares
sensitivity analysis
low risk investment
20. The depreciation of an asset as an expense
retired or amortized
foreign currency exchange
default
capital cost allowance
21. The borrower
mortgagor
mortgagee
foreclosure
assets
22. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
real property
mortgagor
shares
23. Parts of a whole number
real property
liabilities
fractions
compounded daily
24. An item of data that has a different value at different times
variable
dividend
default
compounded quarterly
25. A percentage discount to customers
assets
liabilities
multiplier
special discounts
26. real estate (houses - condos - warehouses - factories - etc)
residual value
multi modal
real property
mode
27. Preference and common
variable
data
the two main types of shares
constant
28. When two ratios are equal
multi modal
proportion
complete enumeration survey
risk
29. The number you are dividing by
collateral
divisor
sales commission
dividend
30. Number calculated from population data
constant
compounded monthly
parameter
foreclosure
31. Costs that remain constant
fixed costs
price earnings ratios
multi modal
extention
32. A rate that one currency can be exchanged for another
the four helpful calculating tools
variable
ratio
foreign currency exchange
33. The info collected from a survey and the figures generated through statistical analysis
high-ratio mortgage
mortgagor
data
special discounts
34. Interest is paid twice a year
front-loaded
money factor
compounded sem-annually
foreclosure
35. The total of units multiplied by the price
income statement
lessee
balance sheet
extention
36. Per day
personal property
range
per diem
cross-footing
37. Commission fee - inflation rate - capital gains tax
high-ratio mortgage
minimum
interest
the three items that may have to be subracted from the gross return figure when calculating net return
38. Amount of money coming in and going out of your business monthly
the four helpful calculating tools
cash flow
dividend
default
39. The final figures
high risk investment
bottom line figures
amortization period
proportion
40. Interest calculated on the principle
fixed costs
break even point
bonds
simple interest
41. The lender
mortgagee
bottom line figures
compounded interest
complete enumeration survey
42. The amount the property is worth at the end of the lease
mortgagee
compounded interest
residual value
parameter
43. The owner of the property
default
ratio
lessor
bonds
44. A percentage discount for buyers associated with the products being sold
interest
trade discount
variable
dividend
45. Money given to someone on condition the person will return the money and interest by a specific date
break even point
interest
compounded quarterly
loan
46. Something that is expected to return a profit
investment
money factor
foreclosure
mortgage
47. The amount of money borrowed is between 75% - 95% of the purchase price
mean
net capitalized cost
high-ratio mortgage
price earnings ratios
48. The lowest number in a group of data
minimum
personal property
percent
variable costs
49. Adding columns of figures horizontally and vertically to check that the totals agree
minimum
sensitivity analysis
the two methods calculators use to process information
cross-footing
50. Interest is paid 365 times a year
foreclosure
loan
compounded daily
p.a.