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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
lessor
mode
cross-footing
conventional mortgage
2. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
fixed costs
term
foreign currency exchange
3. The unexpected variablility of returns
low risk investment
risk
compounded annually
dividend
4. A loan
parameter
weighted average
mortgage
residual value
5. The number to be divided by
compounded interest
overtime
dividend
preference shares
6. Shows the money coming in and expenses for a certain period of time.
trade discount
variable costs
income statement
investment
7. A percentage discount to customers
dividend
the three items that may have to be subracted from the gross return figure when calculating net return
special discounts
variable
8. Money earned on an investment or paid on a loan
conventional mortgage
mortgage
lessee
interest
9. The amount the property is worth at the end of the lease
invoice
income statement
residual value
net capitalized cost
10. The info collected from a survey and the figures generated through statistical analysis
overtime
percent
data
ratio
11. Time worked beyond the established working hours
trade discount
cross-footing
assets
overtime
12. A rate that one currency can be exchanged for another
special discounts
real property
conventional mortgage
foreign currency exchange
13. Amount of money coming in and going out of your business monthly
dividend
bottom line figures
cash flow
mortgagee
14. Interest is paid once a year
price earnings ratios
compounded annually
p.a.
sensitivity analysis
15. loans to companies or goverments (no voting rights)
personal property
bonds
special discounts
preference shares
16. The lender
retired or amortized
preference shares
mortgagee
median
17. An item of data the stays the same
constant
lease
lessor
the two types of interest
18. The number you are dividing by
price earnings ratios
per diem
divisor
liabilities
19. Where info is collected for every unit of the population
fixed costs
loan
complete enumeration survey
residual value
20. The money paid to an employee based on a percentage of their sales
sales commission
collateral
fixed costs
lease
21. The final figures
the three items that may have to be subracted from the gross return figure when calculating net return
risk
bottom line figures
extention
22. The lowest number in a group of data
fixed costs
minimum
mortgage
medium risk investment
23. The length of time until the debt is zero
mortgagor
dividend
amortization period
lessee
24. Paid in full
special discounts
break even point
personal property
retired or amortized
25. Things you own
the two methods calculators use to process information
median
assets
minimum
26. Interest is paid twelve times a year
p.a.
collateral
compounded monthly
parameter
27. The point where income and expenses intersect (no loss or profit)
investment
compounded quarterly
break even point
term
28. The score that falls in the middle
median
preference shares
multi modal
compounded sem-annually
29. Interest is paid four times a year
preference shares
compounded quarterly
default
amortization period
30. A chart that shows the balance of the mortgage after each amortization period
mortgage
invoice
amortization schedule
the four helpful calculating tools
31. Costs that fluctuate
common shares
variable costs
lessee
cash flow
32. Share of the profits of a company
personal property
common shares
percent
dividend
33. The length of the loan
term
interest
special discounts
overtime
34. Interest calculated on the principal plus any accumulated interest
compounded interest
mean
data
compounded quarterly
35. Shows the assets - liabilities and financial position of the company
balance sheet
loan
investment
common shares
36. Interest calculated on the principle
complete enumeration survey
simple interest
lessor
statistic
37. Interest is paid twice a year
data
proportion
compounded sem-annually
liabilities
38. A contract giving someone the right to use something for a certain length of time
assets
lease
bonds
risk
39. The number you are multipliying by
overtime
amortization schedule
multiplier
invoice
40. Interest is paid 365 times a year
the two types of interest
compounded daily
mortgagor
term
41. Adding columns of figures horizontally and vertically to check that the totals agree
multi modal
loan
cross-footing
mortgagor
42. Security for a loan
high risk investment
variable
proportion
collateral
43. Number calculated from population data
lessor
interest
parameter
the three items that may have to be subracted from the gross return figure when calculating net return
44. A series of discounts
residual value
fractions
chain discounts
the two main types of shares
45. Part ownership in a company
weighted average
medium risk investment
compounded sem-annually
shares
46. electronic - portable (pocket) - computer - spreadsheets
investment
chain discounts
simple interest
the four helpful calculating tools
47. The most frequently occuring value in a group of data
variable
p.a.
mode
fixed costs
48. Paid dividends after the preference shares have been paid
common shares
multi modal
p.a.
constant
49. A decimal figure when x by 2400 gives an approximate annual interest rate
data
money factor
mortgagor
loan
50. Deciding if its worth the risk
sensitivity analysis
population
high-ratio mortgage
medium risk investment
Can you answer 50 questions in 15 minutes?
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