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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. Number calculated from population data
compounded quarterly
special discounts
parameter
trade discount
2. A series of discounts
minimum
chain discounts
parameter
foreclosure
3. Where info is collected for every unit of the population
amortization period
complete enumeration survey
the two methods calculators use to process information
income statement
4. Interest is paid four times a year
ratio
compounded quarterly
conventional mortgage
real property
5. Interest is paid twelve times a year
compounded monthly
cross-footing
the four helpful calculating tools
dividend
6. Algebraic - arithmetic
mortgagor
medium risk investment
complete enumeration survey
the two methods calculators use to process information
7. Paid dividends after the preference shares have been paid
data
p.a.
common shares
fractions
8. used when the each piece of data has more than one component
simple interest
invoice
weighted average
compounded annually
9. Things you own
assets
statistic
dividend
complete enumeration survey
10. Amount of money coming in and going out of your business monthly
mortgagor
the four helpful calculating tools
the two main types of shares
cash flow
11. real estate (houses - condos - warehouses - factories - etc)
investment
foreign currency exchange
real property
percent
12. The price after any down-payment or trade-in
the three items that may have to be subracted from the gross return figure when calculating net return
statistic
net capitalized cost
compounded quarterly
13. Per annum - yearly
liabilities
p.a.
mean
preference shares
14. A loan
fractions
low risk investment
maximum
mortgage
15. A bill
invoice
sales commission
overtime
the two main types of shares
16. The depreciation of an asset as an expense
compounded annually
real property
capital cost allowance
sales commission
17. The number to be divided by
foreign currency exchange
dividend
money factor
minimum
18. Interest is paid 365 times a year
maximum
liabilities
compounded daily
medium risk investment
19. The money paid to an employee based on a percentage of their sales
capital cost allowance
sales commission
mortgagee
amortization schedule
20. A number calculated from sample data
compounded interest
statistic
high risk investment
lessor
21. An item of data that has a different value at different times
compounded annually
balance sheet
variable
term
22. The amount of money borrowed is less than 75% of the purchase price
interest
conventional mortgage
bottom line figures
loan
23. (simple average) adding the group of items and dividing by the total number of items
net capitalized cost
fixed costs
compounded annually
mean
24. A rate that one currency can be exchanged for another
mode
foreign currency exchange
multiplier
data
25. The lowest number in a group of data
front-loaded
compounded interest
constant
minimum
26. Provide a specific dividend that is paid before any dividends are paid to common stock holders
personal property
mortgagee
preference shares
balance sheet
27. Paid in full
retired or amortized
sales commission
price earnings ratios
foreclosure
28. Interest calculated on the principle
simple interest
fractions
lease
variable
29. Costs that remain constant
special discounts
default
constant
fixed costs
30. An item of data the stays the same
mortgagor
sample
constant
risk
31. Interest is paid twice a year
per diem
income statement
compounded sem-annually
low risk investment
32. A complete set of individuals - objects or scores being studied
simple interest
population
high-ratio mortgage
maximum
33. The borrower
sensitivity analysis
multi modal
net capitalized cost
mortgagor
34. The person paying to borrow property for a certain amount of time for payments
median
sales commission
mortgagee
lessee
35. Property other than real estate (often called a chattel mortgage)
personal property
multi modal
proportion
the four helpful calculating tools
36. The first number
median
multiplicand
cash discounts
constant
37. Share of the profits of a company
dividend
weighted average
lessor
medium risk investment
38. Investing in a well-established company
mortgagee
default
amortization period
medium risk investment
39. When two ratios are equal
amortization schedule
proportion
amortization period
foreclosure
40. A percentage discount for buyers associated with the products being sold
lessor
loan
overtime
trade discount
41. A contract giving someone the right to use something for a certain length of time
assets
dividend
price earnings ratios
lease
42. Interest calculated on the principal plus any accumulated interest
trade discount
balance sheet
compounded interest
compounded sem-annually
43. Shows the money coming in and expenses for a certain period of time.
complete enumeration survey
low risk investment
income statement
median
44. of one hundred
investment
percent
overtime
simple interest
45. A percentage discount to customers
sensitivity analysis
compounded monthly
special discounts
risk
46. The difference between the highest and lowest numbers in a set of data
bonds
price earnings ratios
conventional mortgage
range
47. The lender
statistic
mortgagee
foreign currency exchange
amortization schedule
48. Something that is expected to return a profit
investment
foreclosure
shares
lessor
49. The number you are multipliying by
the two types of interest
cash discounts
multiplier
the four helpful calculating tools
50. Per day
amortization schedule
special discounts
invoice
per diem