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. Shows the assets - liabilities and financial position of the company
preference shares
foreign currency exchange
balance sheet
proportion
2. The money paid to an employee based on a percentage of their sales
compounded annually
statistic
lessor
sales commission
3. The depreciation of an asset as an expense
range
capital cost allowance
simple interest
sensitivity analysis
4. Part ownership in a company
trade discount
bottom line figures
shares
fractions
5. Interest is paid four times a year
range
cash discounts
compounded monthly
compounded quarterly
6. The borrower
high-ratio mortgage
mortgagor
weighted average
variable costs
7. Property other than real estate (often called a chattel mortgage)
personal property
data
constant
front-loaded
8. The interest amount is small - but you are guaranteed to get something
ratio
low risk investment
multiplicand
the two types of interest
9. A rate that one currency can be exchanged for another
mode
weighted average
foreign currency exchange
per diem
10. Interest is paid twelve times a year
compounded monthly
median
parameter
compounded annually
11. A chart that shows the balance of the mortgage after each amortization period
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
sales commission
amortization schedule
12. An item of data the stays the same
assets
constant
proportion
price earnings ratios
13. Money given to someone on condition the person will return the money and interest by a specific date
loan
mean
preference shares
multi modal
14. The majority of the early payments go toward paying the interest on the loan
mode
assets
front-loaded
lessor
15. An item of data that has a different value at different times
chain discounts
variable
population
residual value
16. used when the each piece of data has more than one component
sensitivity analysis
dividend
weighted average
complete enumeration survey
17. The lowest number in a group of data
overtime
minimum
residual value
statistic
18. A portion of the population being studied
sample
lessee
mortgagee
cross-footing
19. Paid dividends after the preference shares have been paid
mortgagor
common shares
lessee
maximum
20. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
retired or amortized
simple interest
statistic
21. you may get a large return or get nothing
percent
trade discount
lease
high risk investment
22. A number calculated from sample data
conventional mortgage
statistic
ratio
the two types of interest
23. Per day
sample
per diem
medium risk investment
variable
24. A bill
invoice
collateral
common shares
break even point
25. Discounts offered to encourage customers to pay their bills on time
cash discounts
sales commission
medium risk investment
population
26. The highest number in a group of data
income statement
maximum
invoice
variable
27. The unexpected variablility of returns
medium risk investment
risk
lessee
overtime
28. The total of units multiplied by the price
chain discounts
extention
cross-footing
personal property
29. Time worked beyond the established working hours
fixed costs
overtime
chain discounts
the four helpful calculating tools
30. A contract giving someone the right to use something for a certain length of time
lease
cross-footing
mortgagor
investment
31. Interest calculated on the principal plus any accumulated interest
fixed costs
invoice
special discounts
compounded interest
32. of one hundred
divisor
compounded interest
percent
fractions
33. The first number
multiplicand
mode
chain discounts
real property
34. Preference and common
the two main types of shares
minimum
p.a.
population
35. A series of discounts
cash discounts
per diem
compounded monthly
chain discounts
36. The amount the property is worth at the end of the lease
mean
residual value
the two types of interest
loan
37. Interest is paid 365 times a year
compounded daily
foreign currency exchange
mean
compounded interest
38. The process of repossessing and selling the real or personal property when the borrower has defaulted
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
common shares
foreclosure
39. Things you own
variable costs
assets
preference shares
the four helpful calculating tools
40. Interest is paid twice a year
foreclosure
income statement
compounded sem-annually
simple interest
41. The most frequently occuring value in a group of data
proportion
lease
compounded interest
mode
42. Amounts of money you owe
lessor
the four helpful calculating tools
liabilities
cash flow
43. Paid in full
capital cost allowance
per diem
retired or amortized
variable costs
44. Algebraic - arithmetic
interest
money factor
foreign currency exchange
the two methods calculators use to process information
45. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
front-loaded
mortgagee
high-ratio mortgage
46. The final figures
bottom line figures
mortgagee
constant
the four helpful calculating tools
47. A percentage discount to customers
personal property
mean
constant
special discounts
48. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
mortgage
median
simple interest
49. Adding columns of figures horizontally and vertically to check that the totals agree
population
ratio
cross-footing
investment
50. The difference between the highest and lowest numbers in a set of data
collateral
amortization schedule
residual value
range