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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. Amounts of money you owe
population
real property
high risk investment
liabilities
2. The point where income and expenses intersect (no loss or profit)
front-loaded
collateral
variable
break even point
3. Costs that fluctuate
median
compounded sem-annually
variable costs
multiplier
4. Per day
per diem
invoice
fixed costs
chain discounts
5. Commission fee - inflation rate - capital gains tax
high risk investment
minimum
money factor
the three items that may have to be subracted from the gross return figure when calculating net return
6. The info collected from a survey and the figures generated through statistical analysis
data
personal property
residual value
invoice
7. The score that falls in the middle
multi modal
divisor
median
term
8. Algebraic - arithmetic
bonds
the two methods calculators use to process information
loan
mortgage
9. The number to be divided by
sales commission
dividend
money factor
bottom line figures
10. A series of discounts
collateral
personal property
p.a.
chain discounts
11. A loan
risk
mortgage
sample
cash discounts
12. Paid in full
high-ratio mortgage
retired or amortized
capital cost allowance
fractions
13. A comparison of two numbers
statistic
the four helpful calculating tools
ratio
chain discounts
14. The number you are multipliying by
multiplier
investment
high-ratio mortgage
multiplicand
15. The length of time until the debt is zero
special discounts
proportion
lessee
amortization period
16. The person paying to borrow property for a certain amount of time for payments
bottom line figures
lessee
real property
liabilities
17. Interest is paid 365 times a year
compounded daily
investment
bonds
personal property
18. Shows the assets - liabilities and financial position of the company
investment
cash flow
the two main types of shares
balance sheet
19. The lender
mortgagee
chain discounts
mode
fixed costs
20. The amount of money borrowed is less than 75% of the purchase price
lessee
data
conventional mortgage
extention
21. Non-payment
mode
default
high-ratio mortgage
dividend
22. An item of data the stays the same
cash flow
net capitalized cost
medium risk investment
constant
23. The price after any down-payment or trade-in
mean
net capitalized cost
maximum
dividend
24. A number calculated from sample data
statistic
multi modal
mean
minimum
25. A chart that shows the balance of the mortgage after each amortization period
variable costs
amortization schedule
foreclosure
default
26. Provide a specific dividend that is paid before any dividends are paid to common stock holders
overtime
multiplicand
dividend
preference shares
27. An item of data that has a different value at different times
low risk investment
variable
p.a.
common shares
28. electronic - portable (pocket) - computer - spreadsheets
dividend
the four helpful calculating tools
cash flow
mortgagor
29. The total of units multiplied by the price
compounded monthly
fractions
extention
weighted average
30. Where info is collected for every unit of the population
median
complete enumeration survey
liabilities
divisor
31. Security for a loan
collateral
the two types of interest
simple interest
compounded interest
32. The length of the loan
term
cross-footing
capital cost allowance
low risk investment
33. loans to companies or goverments (no voting rights)
maximum
mortgagor
bonds
lessor
34. Shows the money coming in and expenses for a certain period of time.
income statement
default
loan
per diem
35. More than one frequently occuring value in a group of data
medium risk investment
multi modal
minimum
lessee
36. Interest is paid four times a year
maximum
compounded quarterly
cash flow
proportion
37. The depreciation of an asset as an expense
residual value
mortgagor
balance sheet
capital cost allowance
38. The majority of the early payments go toward paying the interest on the loan
the two types of interest
liabilities
front-loaded
chain discounts
39. Discounts offered to encourage customers to pay their bills on time
variable costs
statistic
cash discounts
residual value
40. Adding columns of figures horizontally and vertically to check that the totals agree
high-ratio mortgage
mean
minimum
cross-footing
41. Property other than real estate (often called a chattel mortgage)
lease
collateral
break even point
personal property
42. The amount of money borrowed is between 75% - 95% of the purchase price
compounded interest
high-ratio mortgage
proportion
common shares
43. used when the each piece of data has more than one component
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
weighted average
sales commission
44. The owner of the property
divisor
lessor
break even point
the two main types of shares
45. The process of repossessing and selling the real or personal property when the borrower has defaulted
real property
extention
foreclosure
population
46. The amount the property is worth at the end of the lease
mortgagee
net capitalized cost
residual value
mean
47. A complete set of individuals - objects or scores being studied
retired or amortized
mortgagor
population
amortization schedule
48. Simple and compound
compounded daily
dividend
proportion
the two types of interest
49. Indicators of the confidence investors have in a company (the higher the better)
compounded annually
dividend
price earnings ratios
compounded quarterly
50. Paid dividends after the preference shares have been paid
money factor
maximum
common shares
dividend