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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 amount the property is worth at the end of the lease
cash flow
complete enumeration survey
the two methods calculators use to process information
residual value
2. Security for a loan
overtime
collateral
proportion
cash discounts
3. Paid in full
divisor
cross-footing
retired or amortized
weighted average
4. The unexpected variablility of returns
multi modal
front-loaded
risk
loan
5. The difference between the highest and lowest numbers in a set of data
the two methods calculators use to process information
range
statistic
high-ratio mortgage
6. Amounts of money you owe
data
liabilities
minimum
percent
7. Paid dividends after the preference shares have been paid
price earnings ratios
bonds
lease
common shares
8. Interest calculated on the principal plus any accumulated interest
compounded interest
interest
multi modal
multiplicand
9. Indicators of the confidence investors have in a company (the higher the better)
mean
residual value
the four helpful calculating tools
price earnings ratios
10. Shows the assets - liabilities and financial position of the company
lease
foreign currency exchange
front-loaded
balance sheet
11. (simple average) adding the group of items and dividing by the total number of items
mean
special discounts
p.a.
investment
12. A series of discounts
simple interest
front-loaded
low risk investment
chain discounts
13. loans to companies or goverments (no voting rights)
multiplier
dividend
bonds
compounded annually
14. Parts of a whole number
real property
fractions
front-loaded
foreclosure
15. A percentage discount to customers
lessee
special discounts
foreign currency exchange
assets
16. Non-payment
invoice
default
sample
liabilities
17. Discounts offered to encourage customers to pay their bills on time
medium risk investment
maximum
minimum
cash discounts
18. The majority of the early payments go toward paying the interest on the loan
front-loaded
medium risk investment
the two types of interest
income statement
19. Money earned on an investment or paid on a loan
median
interest
high-ratio mortgage
lessee
20. The most frequently occuring value in a group of data
statistic
mode
dividend
the three items that may have to be subracted from the gross return figure when calculating net return
21. A percentage discount for buyers associated with the products being sold
per diem
compounded quarterly
trade discount
money factor
22. Things you own
overtime
special discounts
the three items that may have to be subracted from the gross return figure when calculating net return
assets
23. Shows the money coming in and expenses for a certain period of time.
income statement
sales commission
price earnings ratios
mean
24. of one hundred
percent
compounded annually
invoice
weighted average
25. The final figures
mean
bottom line figures
the two types of interest
income statement
26. Investing in a well-established company
medium risk investment
complete enumeration survey
risk
dividend
27. Per annum - yearly
compounded monthly
weighted average
p.a.
mode
28. Per day
divisor
per diem
multiplicand
real property
29. The depreciation of an asset as an expense
chain discounts
special discounts
capital cost allowance
population
30. A chart that shows the balance of the mortgage after each amortization period
p.a.
special discounts
amortization schedule
sensitivity analysis
31. Interest calculated on the principle
bonds
chain discounts
simple interest
interest
32. The lender
the two types of interest
mortgagee
simple interest
multiplier
33. Interest is paid twice a year
compounded daily
cash discounts
per diem
compounded sem-annually
34. The interest amount is small - but you are guaranteed to get something
low risk investment
lessor
compounded daily
weighted average
35. Money given to someone on condition the person will return the money and interest by a specific date
bonds
sensitivity analysis
loan
the four helpful calculating tools
36. The lowest number in a group of data
loan
complete enumeration survey
minimum
amortization period
37. The length of the loan
bottom line figures
term
the three items that may have to be subracted from the gross return figure when calculating net return
sample
38. Preference and common
the two main types of shares
risk
invoice
interest
39. Amount of money coming in and going out of your business monthly
investment
dividend
cash flow
the two methods calculators use to process information
40. The info collected from a survey and the figures generated through statistical analysis
break even point
data
multiplicand
mean
41. Number calculated from population data
parameter
compounded monthly
balance sheet
high-ratio mortgage
42. electronic - portable (pocket) - computer - spreadsheets
money factor
the four helpful calculating tools
mortgage
personal property
43. you may get a large return or get nothing
sensitivity analysis
high risk investment
sample
multiplicand
44. Something that is expected to return a profit
percent
constant
investment
preference shares
45. The owner of the property
net capitalized cost
default
lessor
bonds
46. The process of repossessing and selling the real or personal property when the borrower has defaulted
population
the two main types of shares
conventional mortgage
foreclosure
47. A comparison of two numbers
the three items that may have to be subracted from the gross return figure when calculating net return
extention
ratio
low risk investment
48. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
loan
p.a.
default
49. Algebraic - arithmetic
foreclosure
sales commission
compounded interest
the two methods calculators use to process information
50. A rate that one currency can be exchanged for another
range
foreign currency exchange
cash flow
term