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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
data
conventional mortgage
mean
p.a.
2. More than one frequently occuring value in a group of data
extention
multi modal
the two main types of shares
mortgagor
3. Time worked beyond the established working hours
preference shares
overtime
range
risk
4. loans to companies or goverments (no voting rights)
the two main types of shares
bonds
constant
statistic
5. Paid dividends after the preference shares have been paid
proportion
common shares
maximum
preference shares
6. The number you are multipliying by
common shares
overtime
loan
multiplier
7. An item of data that has a different value at different times
variable
preference shares
residual value
conventional mortgage
8. Commission fee - inflation rate - capital gains tax
fixed costs
collateral
amortization schedule
the three items that may have to be subracted from the gross return figure when calculating net return
9. The final figures
bottom line figures
residual value
medium risk investment
net capitalized cost
10. The interest amount is small - but you are guaranteed to get something
proportion
cross-footing
low risk investment
simple interest
11. electronic - portable (pocket) - computer - spreadsheets
median
the four helpful calculating tools
conventional mortgage
maximum
12. The number to be divided by
chain discounts
dividend
high risk investment
common shares
13. Interest calculated on the principal plus any accumulated interest
cross-footing
compounded sem-annually
high risk investment
compounded interest
14. Discounts offered to encourage customers to pay their bills on time
ratio
real property
shares
cash discounts
15. Adding columns of figures horizontally and vertically to check that the totals agree
residual value
term
high risk investment
cross-footing
16. The amount of money borrowed is less than 75% of the purchase price
variable
conventional mortgage
constant
chain discounts
17. The difference between the highest and lowest numbers in a set of data
range
minimum
high-ratio mortgage
p.a.
18. A contract giving someone the right to use something for a certain length of time
real property
lease
the three items that may have to be subracted from the gross return figure when calculating net return
amortization period
19. Shows the assets - liabilities and financial position of the company
balance sheet
compounded interest
bonds
ratio
20. A percentage discount for buyers associated with the products being sold
multiplier
ratio
trade discount
net capitalized cost
21. Shows the money coming in and expenses for a certain period of time.
amortization period
income statement
the four helpful calculating tools
personal property
22. The depreciation of an asset as an expense
extention
median
maximum
capital cost allowance
23. A series of discounts
sample
mortgage
chain discounts
complete enumeration survey
24. Amount of money coming in and going out of your business monthly
retired or amortized
cash flow
the four helpful calculating tools
price earnings ratios
25. A number calculated from sample data
compounded monthly
term
statistic
mode
26. Paid in full
dividend
sensitivity analysis
retired or amortized
compounded daily
27. An item of data the stays the same
constant
dividend
compounded daily
weighted average
28. Share of the profits of a company
lessor
weighted average
p.a.
dividend
29. Where info is collected for every unit of the population
simple interest
complete enumeration survey
compounded annually
cash discounts
30. Part ownership in a company
special discounts
interest
shares
balance sheet
31. Algebraic - arithmetic
constant
foreclosure
the two methods calculators use to process information
trade discount
32. Amounts of money you owe
medium risk investment
compounded annually
real property
liabilities
33. A percentage discount to customers
range
variable costs
cross-footing
special discounts
34. Property other than real estate (often called a chattel mortgage)
personal property
foreclosure
foreign currency exchange
conventional mortgage
35. A bill
medium risk investment
invoice
compounded annually
trade discount
36. The lowest number in a group of data
common shares
minimum
high-ratio mortgage
risk
37. Indicators of the confidence investors have in a company (the higher the better)
compounded sem-annually
mortgage
cash discounts
price earnings ratios
38. Interest is paid once a year
personal property
real property
high risk investment
compounded annually
39. Security for a loan
preference shares
foreclosure
retired or amortized
collateral
40. Number calculated from population data
parameter
amortization schedule
personal property
compounded monthly
41. When two ratios are equal
bottom line figures
proportion
the two main types of shares
risk
42. A decimal figure when x by 2400 gives an approximate annual interest rate
data
risk
money factor
common shares
43. Per day
invoice
per diem
fractions
sensitivity analysis
44. Deciding if its worth the risk
divisor
weighted average
sensitivity analysis
sales commission
45. real estate (houses - condos - warehouses - factories - etc)
real property
medium risk investment
mortgage
default
46. The amount the property is worth at the end of the lease
residual value
extention
lessor
common shares
47. Non-payment
default
median
the two methods calculators use to process information
liabilities
48. The number you are dividing by
dividend
divisor
common shares
constant
49. The length of time until the debt is zero
amortization period
net capitalized cost
the two types of interest
income statement
50. Costs that remain constant
fractions
fixed costs
personal property
sample