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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 of money borrowed is less than 75% of the purchase price
residual value
extention
compounded quarterly
conventional mortgage
2. The depreciation of an asset as an expense
compounded daily
money factor
capital cost allowance
sample
3. Per day
p.a.
the two main types of shares
mortgage
per diem
4. Amounts of money you owe
liabilities
conventional mortgage
price earnings ratios
range
5. loans to companies or goverments (no voting rights)
bonds
amortization period
cash discounts
foreclosure
6. The number you are dividing by
percent
cash flow
divisor
compounded interest
7. A loan
mortgage
conventional mortgage
bottom line figures
retired or amortized
8. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
sales commission
proportion
risk
9. Costs that remain constant
parameter
mortgagor
the four helpful calculating tools
fixed costs
10. Discounts offered to encourage customers to pay their bills on time
foreclosure
cash discounts
conventional mortgage
balance sheet
11. Something that is expected to return a profit
lessor
the two main types of shares
invoice
investment
12. Interest is paid 365 times a year
cross-footing
investment
risk
compounded daily
13. The interest amount is small - but you are guaranteed to get something
net capitalized cost
cash flow
price earnings ratios
low risk investment
14. A chart that shows the balance of the mortgage after each amortization period
capital cost allowance
shares
compounded quarterly
amortization schedule
15. Simple and compound
compounded quarterly
multiplicand
the two types of interest
liabilities
16. Time worked beyond the established working hours
amortization schedule
overtime
shares
personal property
17. The difference between the highest and lowest numbers in a set of data
chain discounts
multi modal
compounded daily
range
18. A percentage discount to customers
break even point
common shares
special discounts
multiplicand
19. of one hundred
the two methods calculators use to process information
compounded sem-annually
range
percent
20. Deciding if its worth the risk
cross-footing
data
sensitivity analysis
amortization schedule
21. Money given to someone on condition the person will return the money and interest by a specific date
loan
lessor
cash flow
mode
22. Preference and common
the two main types of shares
price earnings ratios
liabilities
p.a.
23. Commission fee - inflation rate - capital gains tax
simple interest
median
high risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
24. Property other than real estate (often called a chattel mortgage)
liabilities
foreign currency exchange
mortgagee
personal property
25. Provide a specific dividend that is paid before any dividends are paid to common stock holders
sample
preference shares
low risk investment
complete enumeration survey
26. A comparison of two numbers
cash discounts
ratio
data
chain discounts
27. Interest is paid once a year
liabilities
compounded annually
ratio
bonds
28. The lowest number in a group of data
front-loaded
minimum
weighted average
multiplicand
29. The point where income and expenses intersect (no loss or profit)
default
investment
break even point
foreign currency exchange
30. Interest is paid twelve times a year
amortization period
risk
simple interest
compounded monthly
31. The info collected from a survey and the figures generated through statistical analysis
data
preference shares
money factor
the three items that may have to be subracted from the gross return figure when calculating net return
32. Parts of a whole number
price earnings ratios
medium risk investment
real property
fractions
33. A percentage discount for buyers associated with the products being sold
compounded daily
trade discount
chain discounts
foreign currency exchange
34. The score that falls in the middle
default
median
lease
retired or amortized
35. you may get a large return or get nothing
invoice
the two types of interest
high risk investment
complete enumeration survey
36. The majority of the early payments go toward paying the interest on the loan
lessor
front-loaded
mortgagor
residual value
37. A portion of the population being studied
the four helpful calculating tools
sample
balance sheet
dividend
38. electronic - portable (pocket) - computer - spreadsheets
simple interest
balance sheet
the four helpful calculating tools
minimum
39. Indicators of the confidence investors have in a company (the higher the better)
complete enumeration survey
income statement
shares
price earnings ratios
40. A number calculated from sample data
price earnings ratios
weighted average
fixed costs
statistic
41. Interest is paid twice a year
mortgage
compounded sem-annually
the two main types of shares
dividend
42. The length of the loan
multiplier
loan
investment
term
43. Costs that fluctuate
term
minimum
variable costs
overtime
44. real estate (houses - condos - warehouses - factories - etc)
real property
compounded daily
dividend
break even point
45. The person paying to borrow property for a certain amount of time for payments
price earnings ratios
complete enumeration survey
the two main types of shares
lessee
46. (simple average) adding the group of items and dividing by the total number of items
price earnings ratios
statistic
median
mean
47. The final figures
conventional mortgage
bottom line figures
invoice
front-loaded
48. Security for a loan
lessee
conventional mortgage
collateral
common shares
49. The unexpected variablility of returns
the two main types of shares
common shares
ratio
risk
50. Adding columns of figures horizontally and vertically to check that the totals agree
fractions
invoice
multi modal
cross-footing