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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 info collected from a survey and the figures generated through statistical analysis
extention
data
liabilities
cash flow
2. Non-payment
statistic
medium risk investment
default
the two main types of shares
3. The number to be divided by
foreclosure
assets
dividend
residual value
4. The owner of the property
compounded annually
minimum
compounded monthly
lessor
5. The interest amount is small - but you are guaranteed to get something
high-ratio mortgage
lease
lessee
low risk investment
6. Preference and common
dividend
dividend
constant
the two main types of shares
7. Provide a specific dividend that is paid before any dividends are paid to common stock holders
conventional mortgage
parameter
preference shares
liabilities
8. The number you are dividing by
divisor
multiplier
default
loan
9. Part ownership in a company
extention
shares
net capitalized cost
liabilities
10. of one hundred
capital cost allowance
money factor
sensitivity analysis
percent
11. Money earned on an investment or paid on a loan
common shares
divisor
amortization period
interest
12. Shows the assets - liabilities and financial position of the company
mortgagee
balance sheet
multi modal
high-ratio mortgage
13. The highest number in a group of data
maximum
break even point
preference shares
ratio
14. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
bonds
parameter
complete enumeration survey
15. The length of the loan
conventional mortgage
fractions
term
population
16. Paid dividends after the preference shares have been paid
compounded interest
personal property
low risk investment
common shares
17. The lowest number in a group of data
foreclosure
preference shares
invoice
minimum
18. Time worked beyond the established working hours
preference shares
lessor
overtime
sales commission
19. Adding columns of figures horizontally and vertically to check that the totals agree
the two types of interest
data
variable costs
cross-footing
20. A percentage discount to customers
common shares
foreign currency exchange
population
special discounts
21. Costs that fluctuate
mortgage
fixed costs
variable costs
compounded monthly
22. The difference between the highest and lowest numbers in a set of data
investment
range
lease
break even point
23. Interest is paid once a year
compounded annually
parameter
mortgagee
medium risk investment
24. The score that falls in the middle
investment
median
weighted average
high-ratio mortgage
25. Paid in full
retired or amortized
minimum
invoice
maximum
26. Per annum - yearly
real property
p.a.
multi modal
the two methods calculators use to process information
27. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
interest
mortgage
liabilities
28. The majority of the early payments go toward paying the interest on the loan
front-loaded
proportion
net capitalized cost
cross-footing
29. The length of time until the debt is zero
amortization period
sample
personal property
multi modal
30. Things you own
preference shares
assets
proportion
mortgagor
31. More than one frequently occuring value in a group of data
net capitalized cost
maximum
compounded quarterly
multi modal
32. The point where income and expenses intersect (no loss or profit)
percent
chain discounts
sensitivity analysis
break even point
33. A rate that one currency can be exchanged for another
common shares
chain discounts
dividend
foreign currency exchange
34. The lender
bottom line figures
risk
mortgagee
parameter
35. The amount of money borrowed is less than 75% of the purchase price
mean
income statement
low risk investment
conventional mortgage
36. you may get a large return or get nothing
high risk investment
chain discounts
preference shares
variable costs
37. used when the each piece of data has more than one component
percent
risk
real property
weighted average
38. A comparison of two numbers
liabilities
range
extention
ratio
39. A percentage discount for buyers associated with the products being sold
sample
ratio
trade discount
term
40. Interest calculated on the principal plus any accumulated interest
break even point
compounded interest
invoice
bottom line figures
41. A series of discounts
chain discounts
money factor
special discounts
dividend
42. Property other than real estate (often called a chattel mortgage)
the two types of interest
personal property
sales commission
mode
43. Share of the profits of a company
cash flow
dividend
assets
mode
44. Costs that remain constant
trade discount
invoice
fixed costs
personal property
45. The final figures
cash flow
bottom line figures
shares
constant
46. Deciding if its worth the risk
personal property
sensitivity analysis
simple interest
dividend
47. A contract giving someone the right to use something for a certain length of time
medium risk investment
high risk investment
collateral
lease
48. The borrower
overtime
retired or amortized
multiplier
mortgagor
49. An item of data the stays the same
balance sheet
compounded sem-annually
constant
simple interest
50. Number calculated from population data
parameter
term
variable costs
statistic