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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. Per day
income statement
per diem
multiplier
p.a.
2. The depreciation of an asset as an expense
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
collateral
the two methods calculators use to process information
3. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
default
simple interest
income statement
4. The borrower
mortgagor
lessor
assets
the two main types of shares
5. Simple and compound
shares
constant
the two types of interest
bonds
6. A portion of the population being studied
high-ratio mortgage
sample
mortgage
maximum
7. you may get a large return or get nothing
median
collateral
price earnings ratios
high risk investment
8. Interest is paid twelve times a year
dividend
cross-footing
amortization schedule
compounded monthly
9. Parts of a whole number
fractions
sales commission
fixed costs
the three items that may have to be subracted from the gross return figure when calculating net return
10. The unexpected variablility of returns
shares
money factor
risk
common shares
11. The lowest number in a group of data
retired or amortized
dividend
minimum
investment
12. Interest is paid 365 times a year
compounded daily
weighted average
collateral
constant
13. A decimal figure when x by 2400 gives an approximate annual interest rate
divisor
risk
money factor
minimum
14. Adding columns of figures horizontally and vertically to check that the totals agree
variable
front-loaded
cross-footing
money factor
15. The total of units multiplied by the price
conventional mortgage
special discounts
extention
amortization period
16. The info collected from a survey and the figures generated through statistical analysis
sample
percent
extention
data
17. A bill
lessor
chain discounts
invoice
constant
18. A rate that one currency can be exchanged for another
extention
foreign currency exchange
cash discounts
sensitivity analysis
19. real estate (houses - condos - warehouses - factories - etc)
price earnings ratios
cross-footing
compounded sem-annually
real property
20. Interest is paid once a year
chain discounts
compounded annually
residual value
statistic
21. The interest amount is small - but you are guaranteed to get something
compounded quarterly
range
multi modal
low risk investment
22. A percentage discount for buyers associated with the products being sold
trade discount
weighted average
assets
the two methods calculators use to process information
23. A comparison of two numbers
ratio
chain discounts
cash flow
the two types of interest
24. electronic - portable (pocket) - computer - spreadsheets
chain discounts
investment
the four helpful calculating tools
compounded daily
25. The length of the loan
term
invoice
special discounts
net capitalized cost
26. The first number
compounded daily
fractions
mortgagor
multiplicand
27. The person paying to borrow property for a certain amount of time for payments
mortgagor
lessee
divisor
simple interest
28. The length of time until the debt is zero
common shares
amortization period
lessee
constant
29. More than one frequently occuring value in a group of data
ratio
price earnings ratios
proportion
multi modal
30. Preference and common
low risk investment
shares
the two main types of shares
compounded annually
31. Per annum - yearly
compounded interest
parameter
p.a.
mean
32. The amount the property is worth at the end of the lease
interest
residual value
the two types of interest
net capitalized cost
33. When two ratios are equal
high-ratio mortgage
proportion
sensitivity analysis
compounded annually
34. used when the each piece of data has more than one component
foreign currency exchange
common shares
balance sheet
weighted average
35. Security for a loan
collateral
p.a.
preference shares
divisor
36. Where info is collected for every unit of the population
amortization period
conventional mortgage
sales commission
complete enumeration survey
37. Share of the profits of a company
money factor
net capitalized cost
residual value
dividend
38. The highest number in a group of data
maximum
amortization period
cash flow
dividend
39. The final figures
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
variable
bottom line figures
40. Indicators of the confidence investors have in a company (the higher the better)
compounded annually
data
price earnings ratios
multiplicand
41. The most frequently occuring value in a group of data
mode
high risk investment
common shares
assets
42. The point where income and expenses intersect (no loss or profit)
money factor
break even point
proportion
dividend
43. The price after any down-payment or trade-in
high risk investment
net capitalized cost
sample
compounded monthly
44. The number you are dividing by
default
money factor
divisor
medium risk investment
45. Things you own
assets
invoice
the two types of interest
default
46. loans to companies or goverments (no voting rights)
per diem
sales commission
sensitivity analysis
bonds
47. Algebraic - arithmetic
the two methods calculators use to process information
mode
per diem
chain discounts
48. Paid dividends after the preference shares have been paid
sales commission
common shares
net capitalized cost
overtime
49. Deciding if its worth the risk
conventional mortgage
sensitivity analysis
interest
cross-footing
50. Money given to someone on condition the person will return the money and interest by a specific date
compounded quarterly
compounded annually
loan
default
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