SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. A loan
collateral
median
ratio
mortgage
2. Amounts of money you owe
multiplicand
liabilities
constant
dividend
3. A number calculated from sample data
maximum
statistic
compounded interest
cash discounts
4. Money earned on an investment or paid on a loan
net capitalized cost
mortgage
interest
cross-footing
5. The info collected from a survey and the figures generated through statistical analysis
compounded daily
parameter
data
the two main types of shares
6. Money given to someone on condition the person will return the money and interest by a specific date
invoice
risk
amortization schedule
loan
7. The unexpected variablility of returns
constant
risk
weighted average
money factor
8. Interest is paid four times a year
retired or amortized
constant
compounded quarterly
conventional mortgage
9. The difference between the highest and lowest numbers in a set of data
assets
range
liabilities
minimum
10. Deciding if its worth the risk
compounded sem-annually
money factor
sensitivity analysis
sample
11. Non-payment
default
mortgagor
amortization schedule
mean
12. The amount of money borrowed is less than 75% of the purchase price
cross-footing
interest
high-ratio mortgage
conventional mortgage
13. A decimal figure when x by 2400 gives an approximate annual interest rate
population
money factor
proportion
foreclosure
14. Preference and common
income statement
sales commission
compounded monthly
the two main types of shares
15. loans to companies or goverments (no voting rights)
bonds
net capitalized cost
dividend
the three items that may have to be subracted from the gross return figure when calculating net return
16. The most frequently occuring value in a group of data
compounded monthly
shares
conventional mortgage
mode
17. The total of units multiplied by the price
lease
extention
conventional mortgage
overtime
18. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded interest
collateral
lessee
preference shares
19. The number to be divided by
low risk investment
interest
dividend
the four helpful calculating tools
20. Amount of money coming in and going out of your business monthly
multiplier
compounded quarterly
income statement
cash flow
21. The money paid to an employee based on a percentage of their sales
interest
capital cost allowance
price earnings ratios
sales commission
22. The depreciation of an asset as an expense
bonds
capital cost allowance
multiplicand
mortgagor
23. The highest number in a group of data
retired or amortized
shares
maximum
parameter
24. real estate (houses - condos - warehouses - factories - etc)
median
the four helpful calculating tools
the three items that may have to be subracted from the gross return figure when calculating net return
real property
25. The number you are multipliying by
percent
the two types of interest
compounded sem-annually
multiplier
26. The amount of money borrowed is between 75% - 95% of the purchase price
variable costs
extention
high-ratio mortgage
median
27. The point where income and expenses intersect (no loss or profit)
divisor
break even point
default
median
28. Costs that remain constant
cash flow
bottom line figures
money factor
fixed costs
29. A contract giving someone the right to use something for a certain length of time
lease
income statement
cash discounts
compounded annually
30. The process of repossessing and selling the real or personal property when the borrower has defaulted
sales commission
foreclosure
cash discounts
compounded sem-annually
31. An item of data that has a different value at different times
lessee
variable
trade discount
special discounts
32. Paid dividends after the preference shares have been paid
common shares
cash flow
low risk investment
break even point
33. The lender
mortgagee
residual value
the two main types of shares
complete enumeration survey
34. Time worked beyond the established working hours
overtime
net capitalized cost
money factor
investment
35. Commission fee - inflation rate - capital gains tax
parameter
the three items that may have to be subracted from the gross return figure when calculating net return
price earnings ratios
minimum
36. used when the each piece of data has more than one component
real property
cross-footing
lessee
weighted average
37. A rate that one currency can be exchanged for another
cash flow
foreign currency exchange
mortgage
range
38. Interest calculated on the principle
mode
simple interest
the four helpful calculating tools
real property
39. A chart that shows the balance of the mortgage after each amortization period
interest
statistic
amortization schedule
dividend
40. Discounts offered to encourage customers to pay their bills on time
residual value
assets
trade discount
cash discounts
41. Part ownership in a company
interest
data
shares
personal property
42. Simple and compound
the two types of interest
mode
amortization schedule
special discounts
43. The interest amount is small - but you are guaranteed to get something
high-ratio mortgage
low risk investment
liabilities
data
44. The final figures
chain discounts
real property
collateral
bottom line figures
45. (simple average) adding the group of items and dividing by the total number of items
compounded sem-annually
cross-footing
trade discount
mean
46. Interest is paid 365 times a year
data
mortgage
capital cost allowance
compounded daily
47. Number calculated from population data
term
multiplicand
parameter
the four helpful calculating tools
48. Share of the profits of a company
medium risk investment
lease
common shares
dividend
49. When two ratios are equal
proportion
ratio
variable
mortgagor
50. Where info is collected for every unit of the population
simple interest
multi modal
complete enumeration survey
personal property