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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. A bill
multiplier
invoice
foreclosure
compounded quarterly
2. An item of data the stays the same
interest
money factor
median
constant
3. A portion of the population being studied
amortization schedule
variable costs
compounded annually
sample
4. The process of repossessing and selling the real or personal property when the borrower has defaulted
cash discounts
compounded annually
liabilities
foreclosure
5. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
mean
compounded annually
special discounts
6. The length of the loan
variable costs
term
variable
multiplier
7. The total of units multiplied by the price
the two methods calculators use to process information
minimum
liabilities
extention
8. The score that falls in the middle
risk
median
the two types of interest
constant
9. Algebraic - arithmetic
lessor
the two methods calculators use to process information
interest
constant
10. Indicators of the confidence investors have in a company (the higher the better)
preference shares
price earnings ratios
mortgagor
capital cost allowance
11. The depreciation of an asset as an expense
the four helpful calculating tools
simple interest
capital cost allowance
liabilities
12. A chart that shows the balance of the mortgage after each amortization period
capital cost allowance
weighted average
compounded annually
amortization schedule
13. The info collected from a survey and the figures generated through statistical analysis
extention
trade discount
variable costs
data
14. A rate that one currency can be exchanged for another
maximum
foreign currency exchange
proportion
foreclosure
15. The most frequently occuring value in a group of data
dividend
population
mode
fractions
16. The amount the property is worth at the end of the lease
assets
preference shares
fractions
residual value
17. Simple and compound
the two types of interest
lessee
variable costs
balance sheet
18. Share of the profits of a company
foreign currency exchange
dividend
trade discount
money factor
19. A decimal figure when x by 2400 gives an approximate annual interest rate
compounded quarterly
money factor
loan
sales commission
20. of one hundred
multiplicand
term
percent
complete enumeration survey
21. Interest is paid 365 times a year
compounded daily
liabilities
interest
statistic
22. Costs that fluctuate
variable costs
break even point
the four helpful calculating tools
ratio
23. A percentage discount for buyers associated with the products being sold
trade discount
collateral
medium risk investment
dividend
24. Something that is expected to return a profit
bonds
fixed costs
investment
statistic
25. Per day
compounded monthly
sample
per diem
range
26. Paid dividends after the preference shares have been paid
common shares
medium risk investment
low risk investment
p.a.
27. The highest number in a group of data
compounded daily
compounded annually
term
maximum
28. Interest is paid twice a year
compounded sem-annually
interest
compounded daily
lessor
29. Money given to someone on condition the person will return the money and interest by a specific date
overtime
loan
statistic
common shares
30. Number calculated from population data
front-loaded
parameter
interest
multiplier
31. The number to be divided by
p.a.
dividend
weighted average
low risk investment
32. The owner of the property
retired or amortized
parameter
mode
lessor
33. The price after any down-payment or trade-in
statistic
lease
net capitalized cost
population
34. Shows the money coming in and expenses for a certain period of time.
interest
income statement
conventional mortgage
mean
35. A comparison of two numbers
ratio
weighted average
cash discounts
mortgagee
36. Where info is collected for every unit of the population
bottom line figures
complete enumeration survey
amortization period
compounded interest
37. More than one frequently occuring value in a group of data
multi modal
default
multiplier
price earnings ratios
38. Security for a loan
lease
dividend
collateral
chain discounts
39. The lowest number in a group of data
personal property
liabilities
minimum
proportion
40. The money paid to an employee based on a percentage of their sales
sales commission
the two methods calculators use to process information
proportion
mode
41. The length of time until the debt is zero
dividend
amortization period
multi modal
bottom line figures
42. Amount of money coming in and going out of your business monthly
dividend
cash flow
complete enumeration survey
bottom line figures
43. The borrower
variable costs
special discounts
the two main types of shares
mortgagor
44. A series of discounts
residual value
mortgagee
chain discounts
multiplicand
45. An item of data that has a different value at different times
mortgagee
conventional mortgage
compounded interest
variable
46. real estate (houses - condos - warehouses - factories - etc)
real property
cross-footing
high-ratio mortgage
multiplier
47. Amounts of money you owe
complete enumeration survey
sales commission
mortgagor
liabilities
48. Preference and common
multiplier
weighted average
the two main types of shares
amortization period
49. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
investment
personal property
the four helpful calculating tools
50. The final figures
amortization schedule
low risk investment
medium risk investment
bottom line figures