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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. When two ratios are equal
statistic
proportion
balance sheet
price earnings ratios
2. The person paying to borrow property for a certain amount of time for payments
median
sensitivity analysis
lessee
cash flow
3. of one hundred
ratio
amortization schedule
percent
multiplier
4. A number calculated from sample data
conventional mortgage
fractions
statistic
minimum
5. electronic - portable (pocket) - computer - spreadsheets
the two main types of shares
conventional mortgage
the four helpful calculating tools
sales commission
6. The money paid to an employee based on a percentage of their sales
range
money factor
sales commission
cash discounts
7. A series of discounts
mortgage
cash flow
data
chain discounts
8. A complete set of individuals - objects or scores being studied
population
sales commission
personal property
conventional mortgage
9. Property other than real estate (often called a chattel mortgage)
the four helpful calculating tools
mortgage
personal property
fractions
10. Costs that fluctuate
mortgage
variable costs
the two methods calculators use to process information
the two main types of shares
11. Interest is paid twelve times a year
extention
mortgagee
compounded monthly
capital cost allowance
12. The unexpected variablility of returns
risk
real property
high risk investment
p.a.
13. Time worked beyond the established working hours
overtime
compounded sem-annually
trade discount
per diem
14. Interest calculated on the principle
cross-footing
common shares
simple interest
data
15. you may get a large return or get nothing
high risk investment
p.a.
weighted average
bonds
16. A loan
mortgage
money factor
front-loaded
multiplier
17. Share of the profits of a company
bonds
dividend
price earnings ratios
simple interest
18. An item of data the stays the same
population
constant
mortgage
default
19. Shows the money coming in and expenses for a certain period of time.
mortgagee
complete enumeration survey
income statement
the three items that may have to be subracted from the gross return figure when calculating net return
20. Adding columns of figures horizontally and vertically to check that the totals agree
amortization period
mean
compounded sem-annually
cross-footing
21. The difference between the highest and lowest numbers in a set of data
compounded quarterly
front-loaded
investment
range
22. Something that is expected to return a profit
sample
retired or amortized
term
investment
23. Deciding if its worth the risk
assets
dividend
sensitivity analysis
multiplicand
24. The number you are multipliying by
overtime
compounded sem-annually
simple interest
multiplier
25. The info collected from a survey and the figures generated through statistical analysis
divisor
data
assets
parameter
26. Amounts of money you owe
overtime
liabilities
proportion
multiplicand
27. More than one frequently occuring value in a group of data
multi modal
bonds
conventional mortgage
mortgage
28. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
residual value
shares
cross-footing
29. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded interest
foreclosure
fixed costs
trade discount
30. Interest is paid twice a year
compounded sem-annually
ratio
multi modal
parameter
31. Money given to someone on condition the person will return the money and interest by a specific date
maximum
compounded interest
personal property
loan
32. A portion of the population being studied
lease
interest
per diem
sample
33. The length of time until the debt is zero
fractions
compounded sem-annually
amortization period
the two main types of shares
34. Discounts offered to encourage customers to pay their bills on time
net capitalized cost
cash discounts
mean
minimum
35. A comparison of two numbers
special discounts
medium risk investment
simple interest
ratio
36. The number you are dividing by
mode
the two main types of shares
high risk investment
divisor
37. The most frequently occuring value in a group of data
mode
special discounts
amortization schedule
median
38. Number calculated from population data
parameter
special discounts
chain discounts
maximum
39. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
mean
overtime
high-ratio mortgage
40. real estate (houses - condos - warehouses - factories - etc)
mean
amortization period
special discounts
real property
41. Interest calculated on the principal plus any accumulated interest
amortization period
common shares
overtime
compounded interest
42. An item of data that has a different value at different times
chain discounts
multiplier
variable
lessor
43. Interest is paid once a year
money factor
compounded annually
constant
compounded monthly
44. A decimal figure when x by 2400 gives an approximate annual interest rate
assets
money factor
risk
dividend
45. Per annum - yearly
high-ratio mortgage
maximum
common shares
p.a.
46. Interest is paid four times a year
sample
compounded quarterly
p.a.
preference shares
47. Costs that remain constant
compounded quarterly
compounded daily
compounded monthly
fixed costs
48. The price after any down-payment or trade-in
sensitivity analysis
net capitalized cost
extention
lessee
49. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
medium risk investment
complete enumeration survey
cash flow
50. Paid in full
p.a.
retired or amortized
net capitalized cost
the four helpful calculating tools