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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 owner of the property
medium risk investment
lessor
minimum
mortgage
2. The final figures
liabilities
bottom line figures
the two types of interest
dividend
3. Interest calculated on the principle
mortgagee
simple interest
the two main types of shares
the four helpful calculating tools
4. Provide a specific dividend that is paid before any dividends are paid to common stock holders
foreclosure
multiplicand
preference shares
compounded annually
5. Number calculated from population data
collateral
parameter
compounded quarterly
constant
6. The length of the loan
low risk investment
loan
term
special discounts
7. The most frequently occuring value in a group of data
the two methods calculators use to process information
common shares
mode
mortgagor
8. Amounts of money you owe
cross-footing
percent
liabilities
cash discounts
9. The difference between the highest and lowest numbers in a set of data
liabilities
range
chain discounts
compounded sem-annually
10. Interest is paid twice a year
compounded sem-annually
conventional mortgage
sensitivity analysis
cash flow
11. Something that is expected to return a profit
mean
the two main types of shares
per diem
investment
12. The majority of the early payments go toward paying the interest on the loan
front-loaded
foreign currency exchange
compounded monthly
compounded annually
13. used when the each piece of data has more than one component
risk
weighted average
invoice
mortgagee
14. Interest is paid twelve times a year
investment
cash discounts
the two methods calculators use to process information
compounded monthly
15. The interest amount is small - but you are guaranteed to get something
mode
low risk investment
sales commission
net capitalized cost
16. The number you are dividing by
bonds
multiplicand
divisor
residual value
17. The amount of money borrowed is between 75% - 95% of the purchase price
price earnings ratios
compounded quarterly
income statement
high-ratio mortgage
18. The total of units multiplied by the price
extention
sample
cash flow
sensitivity analysis
19. Where info is collected for every unit of the population
complete enumeration survey
extention
price earnings ratios
sample
20. Deciding if its worth the risk
fractions
extention
sensitivity analysis
foreign currency exchange
21. A series of discounts
parameter
chain discounts
interest
statistic
22. The score that falls in the middle
multiplicand
statistic
median
data
23. The lender
the two types of interest
assets
common shares
mortgagee
24. The depreciation of an asset as an expense
capital cost allowance
common shares
investment
foreclosure
25. Interest is paid four times a year
compounded quarterly
invoice
lessee
data
26. Per annum - yearly
sample
proportion
p.a.
simple interest
27. Money earned on an investment or paid on a loan
conventional mortgage
liabilities
interest
mortgagee
28. The borrower
invoice
compounded quarterly
mortgagor
median
29. The number to be divided by
dividend
weighted average
simple interest
default
30. Money given to someone on condition the person will return the money and interest by a specific date
net capitalized cost
compounded quarterly
loan
median
31. More than one frequently occuring value in a group of data
multi modal
high risk investment
compounded interest
money factor
32. The amount of money borrowed is less than 75% of the purchase price
high risk investment
proportion
extention
conventional mortgage
33. Interest is paid once a year
compounded annually
percent
mortgagor
simple interest
34. A decimal figure when x by 2400 gives an approximate annual interest rate
high-ratio mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
money factor
shares
35. An item of data the stays the same
constant
lease
sales commission
compounded sem-annually
36. When two ratios are equal
chain discounts
proportion
income statement
special discounts
37. Part ownership in a company
lease
compounded sem-annually
multi modal
shares
38. The length of time until the debt is zero
amortization period
shares
mortgagee
trade discount
39. A number calculated from sample data
sales commission
statistic
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
40. you may get a large return or get nothing
cash discounts
money factor
collateral
high risk investment
41. Share of the profits of a company
liabilities
term
dividend
capital cost allowance
42. (simple average) adding the group of items and dividing by the total number of items
chain discounts
mean
percent
amortization schedule
43. Paid in full
bottom line figures
sample
retired or amortized
extention
44. Discounts offered to encourage customers to pay their bills on time
variable
term
common shares
cash discounts
45. A loan
multi modal
mortgage
extention
fractions
46. Algebraic - arithmetic
extention
the two methods calculators use to process information
assets
parameter
47. A chart that shows the balance of the mortgage after each amortization period
minimum
amortization schedule
special discounts
compounded daily
48. Paid dividends after the preference shares have been paid
common shares
cross-footing
median
simple interest
49. A portion of the population being studied
the two types of interest
sample
multiplier
invoice
50. A percentage discount for buyers associated with the products being sold
sample
front-loaded
overtime
trade discount