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Test your basic knowledge |
DSST Business Math Vocab 2
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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 length of the loan
assets
investment
variable
term
2. The difference between the highest and lowest numbers in a set of data
dividend
money factor
range
statistic
3. The number to be divided by
compounded monthly
amortization period
dividend
constant
4. The length of time until the debt is zero
amortization period
balance sheet
dividend
personal property
5. The price after any down-payment or trade-in
income statement
net capitalized cost
per diem
interest
6. Discounts offered to encourage customers to pay their bills on time
cash discounts
population
foreign currency exchange
investment
7. A rate that one currency can be exchanged for another
foreign currency exchange
investment
capital cost allowance
break even point
8. Indicators of the confidence investors have in a company (the higher the better)
collateral
cash discounts
medium risk investment
price earnings ratios
9. A loan
real property
mortgage
sales commission
interest
10. Investing in a well-established company
lessee
cross-footing
medium risk investment
mean
11. Interest calculated on the principal plus any accumulated interest
proportion
compounded interest
money factor
median
12. Amounts of money you owe
common shares
invoice
high risk investment
liabilities
13. Something that is expected to return a profit
interest
investment
break even point
constant
14. Adding columns of figures horizontally and vertically to check that the totals agree
default
cross-footing
medium risk investment
term
15. Money earned on an investment or paid on a loan
invoice
multi modal
capital cost allowance
interest
16. More than one frequently occuring value in a group of data
divisor
multi modal
balance sheet
compounded interest
17. The amount of money borrowed is less than 75% of the purchase price
interest
cash flow
high risk investment
conventional mortgage
18. Preference and common
mean
mortgage
the two main types of shares
mode
19. The lender
lessee
simple interest
compounded daily
mortgagee
20. The amount of money borrowed is between 75% - 95% of the purchase price
sensitivity analysis
high-ratio mortgage
dividend
parameter
21. The majority of the early payments go toward paying the interest on the loan
ratio
liabilities
front-loaded
cross-footing
22. A chart that shows the balance of the mortgage after each amortization period
net capitalized cost
statistic
amortization schedule
common shares
23. The score that falls in the middle
median
lessor
loan
weighted average
24. Interest is paid twelve times a year
compounded monthly
sensitivity analysis
mortgage
multiplicand
25. Parts of a whole number
preference shares
real property
fractions
liabilities
26. The borrower
amortization period
mortgagor
real property
lease
27. An item of data the stays the same
personal property
dividend
the four helpful calculating tools
constant
28. Commission fee - inflation rate - capital gains tax
population
shares
the three items that may have to be subracted from the gross return figure when calculating net return
amortization period
29. The info collected from a survey and the figures generated through statistical analysis
data
cross-footing
parameter
mortgagee
30. you may get a large return or get nothing
fractions
lease
simple interest
high risk investment
31. The highest number in a group of data
proportion
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
maximum
32. A portion of the population being studied
dividend
mortgagee
sample
p.a.
33. The unexpected variablility of returns
risk
price earnings ratios
term
lessor
34. Interest is paid twice a year
fractions
low risk investment
compounded sem-annually
cash flow
35. Non-payment
compounded annually
break even point
bonds
default
36. A comparison of two numbers
preference shares
ratio
common shares
parameter
37. The number you are multipliying by
mortgage
medium risk investment
multiplier
ratio
38. A complete set of individuals - objects or scores being studied
p.a.
compounded interest
per diem
population
39. Part ownership in a company
variable costs
mean
shares
the two main types of shares
40. The final figures
compounded sem-annually
parameter
bottom line figures
extention
41. Interest is paid four times a year
variable costs
balance sheet
compounded quarterly
compounded sem-annually
42. A number calculated from sample data
constant
cash discounts
proportion
statistic
43. Paid dividends after the preference shares have been paid
residual value
real property
common shares
collateral
44. The depreciation of an asset as an expense
bonds
capital cost allowance
median
high risk investment
45. The amount the property is worth at the end of the lease
mortgage
residual value
trade discount
fractions
46. Paid in full
invoice
the two types of interest
retired or amortized
dividend
47. A contract giving someone the right to use something for a certain length of time
lease
statistic
investment
preference shares
48. Where info is collected for every unit of the population
compounded daily
percent
cash flow
complete enumeration survey
49. Deciding if its worth the risk
the three items that may have to be subracted from the gross return figure when calculating net return
extention
sensitivity analysis
mean
50. Shows the assets - liabilities and financial position of the company
fractions
cash flow
balance sheet
invoice
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