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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. Interest is paid twice a year
parameter
variable
complete enumeration survey
compounded sem-annually
2. Non-payment
dividend
multiplier
compounded quarterly
default
3. The length of time until the debt is zero
multi modal
conventional mortgage
lessor
amortization period
4. The most frequently occuring value in a group of data
bonds
overtime
mode
common shares
5. Paid in full
medium risk investment
retired or amortized
compounded monthly
cross-footing
6. Money given to someone on condition the person will return the money and interest by a specific date
population
residual value
sensitivity analysis
loan
7. Amounts of money you owe
liabilities
personal property
balance sheet
preference shares
8. A contract giving someone the right to use something for a certain length of time
invoice
conventional mortgage
lease
cross-footing
9. The highest number in a group of data
real property
extention
sales commission
maximum
10. Investing in a well-established company
mortgagor
medium risk investment
range
preference shares
11. Interest is paid 365 times a year
common shares
compounded daily
chain discounts
weighted average
12. A complete set of individuals - objects or scores being studied
common shares
mortgagee
range
population
13. Number calculated from population data
risk
parameter
real property
variable
14. Property other than real estate (often called a chattel mortgage)
lessor
personal property
multiplier
multi modal
15. Where info is collected for every unit of the population
the three items that may have to be subracted from the gross return figure when calculating net return
complete enumeration survey
capital cost allowance
compounded monthly
16. The lender
default
mortgagee
percent
overtime
17. Things you own
fixed costs
cross-footing
mortgage
assets
18. The total of units multiplied by the price
extention
default
foreclosure
maximum
19. of one hundred
the three items that may have to be subracted from the gross return figure when calculating net return
parameter
sensitivity analysis
percent
20. The number to be divided by
special discounts
risk
dividend
compounded sem-annually
21. The amount the property is worth at the end of the lease
residual value
median
break even point
interest
22. The number you are dividing by
dividend
ratio
divisor
liabilities
23. A number calculated from sample data
balance sheet
percent
interest
statistic
24. Discounts offered to encourage customers to pay their bills on time
the two methods calculators use to process information
medium risk investment
cash flow
cash discounts
25. The number you are multipliying by
multiplier
ratio
per diem
mortgage
26. A rate that one currency can be exchanged for another
mode
per diem
residual value
foreign currency exchange
27. The owner of the property
dividend
lessor
the two types of interest
loan
28. Adding columns of figures horizontally and vertically to check that the totals agree
compounded monthly
range
cross-footing
foreign currency exchange
29. A chart that shows the balance of the mortgage after each amortization period
statistic
amortization schedule
multi modal
parameter
30. you may get a large return or get nothing
personal property
high risk investment
interest
percent
31. A comparison of two numbers
investment
range
invoice
ratio
32. The amount of money borrowed is between 75% - 95% of the purchase price
real property
high-ratio mortgage
foreign currency exchange
mortgagee
33. The unexpected variablility of returns
population
risk
high-ratio mortgage
multiplicand
34. The money paid to an employee based on a percentage of their sales
median
the two types of interest
interest
sales commission
35. Time worked beyond the established working hours
extention
bottom line figures
overtime
mortgagor
36. Costs that fluctuate
lessee
variable
parameter
variable costs
37. Algebraic - arithmetic
the two methods calculators use to process information
medium risk investment
simple interest
compounded interest
38. Security for a loan
collateral
the two main types of shares
capital cost allowance
dividend
39. Indicators of the confidence investors have in a company (the higher the better)
mortgagee
ratio
price earnings ratios
simple interest
40. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
default
investment
chain discounts
41. The first number
collateral
sensitivity analysis
multiplicand
sales commission
42. The majority of the early payments go toward paying the interest on the loan
front-loaded
maximum
price earnings ratios
balance sheet
43. Deciding if its worth the risk
population
sensitivity analysis
personal property
overtime
44. More than one frequently occuring value in a group of data
liabilities
capital cost allowance
multi modal
percent
45. An item of data that has a different value at different times
extention
net capitalized cost
variable
per diem
46. A percentage discount for buyers associated with the products being sold
income statement
trade discount
bottom line figures
overtime
47. A loan
capital cost allowance
mortgagor
mortgage
constant
48. The score that falls in the middle
median
special discounts
constant
mortgage
49. When two ratios are equal
weighted average
medium risk investment
bottom line figures
proportion
50. Share of the profits of a company
dividend
sensitivity analysis
low risk investment
the two main types of shares