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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 lender
special discounts
compounded annually
mortgagee
sales commission
2. Simple and compound
high risk investment
mortgagee
the two types of interest
amortization period
3. Paid dividends after the preference shares have been paid
default
ratio
common shares
multiplier
4. The lowest number in a group of data
minimum
maximum
lessee
real property
5. A contract giving someone the right to use something for a certain length of time
liabilities
range
lease
cash discounts
6. Adding columns of figures horizontally and vertically to check that the totals agree
ratio
cross-footing
loan
collateral
7. Paid in full
retired or amortized
preference shares
maximum
medium risk investment
8. The first number
multiplicand
price earnings ratios
maximum
the two main types of shares
9. of one hundred
percent
overtime
trade discount
low risk investment
10. The price after any down-payment or trade-in
net capitalized cost
range
the three items that may have to be subracted from the gross return figure when calculating net return
low risk investment
11. The amount the property is worth at the end of the lease
population
investment
residual value
real property
12. Parts of a whole number
fractions
income statement
dividend
foreign currency exchange
13. Money given to someone on condition the person will return the money and interest by a specific date
loan
income statement
term
medium risk investment
14. The highest number in a group of data
fractions
complete enumeration survey
maximum
compounded monthly
15. When two ratios are equal
shares
overtime
the three items that may have to be subracted from the gross return figure when calculating net return
proportion
16. Property other than real estate (often called a chattel mortgage)
the two types of interest
personal property
lease
parameter
17. A comparison of two numbers
amortization period
ratio
cash flow
foreign currency exchange
18. A decimal figure when x by 2400 gives an approximate annual interest rate
multiplicand
money factor
trade discount
investment
19. The number you are multipliying by
the three items that may have to be subracted from the gross return figure when calculating net return
multiplier
statistic
break even point
20. Preference and common
foreign currency exchange
the two main types of shares
risk
mode
21. Indicators of the confidence investors have in a company (the higher the better)
collateral
price earnings ratios
mortgagor
risk
22. Deciding if its worth the risk
low risk investment
multiplicand
multiplier
sensitivity analysis
23. Interest calculated on the principle
simple interest
dividend
sales commission
complete enumeration survey
24. used when the each piece of data has more than one component
extention
data
chain discounts
weighted average
25. A portion of the population being studied
minimum
front-loaded
compounded quarterly
sample
26. Interest is paid twice a year
compounded daily
personal property
compounded sem-annually
population
27. The final figures
compounded monthly
data
sales commission
bottom line figures
28. The score that falls in the middle
income statement
median
common shares
residual value
29. An item of data that has a different value at different times
variable
sensitivity analysis
mortgagee
risk
30. real estate (houses - condos - warehouses - factories - etc)
invoice
sensitivity analysis
overtime
real property
31. The length of the loan
income statement
cross-footing
per diem
term
32. Number calculated from population data
shares
parameter
residual value
assets
33. Amount of money coming in and going out of your business monthly
cash flow
divisor
p.a.
interest
34. The person paying to borrow property for a certain amount of time for payments
income statement
lessee
statistic
low risk investment
35. A complete set of individuals - objects or scores being studied
balance sheet
minimum
common shares
population
36. Interest is paid twelve times a year
compounded monthly
minimum
chain discounts
shares
37. A percentage discount for buyers associated with the products being sold
interest
default
trade discount
data
38. A series of discounts
high-ratio mortgage
ratio
chain discounts
p.a.
39. The difference between the highest and lowest numbers in a set of data
minimum
range
income statement
real property
40. The depreciation of an asset as an expense
conventional mortgage
weighted average
capital cost allowance
loan
41. Costs that remain constant
compounded quarterly
multi modal
fixed costs
compounded interest
42. The total of units multiplied by the price
amortization period
break even point
extention
residual value
43. Where info is collected for every unit of the population
complete enumeration survey
fixed costs
lease
bonds
44. The owner of the property
dividend
multiplier
front-loaded
lessor
45. Per day
lessor
multiplier
per diem
compounded sem-annually
46. Costs that fluctuate
sensitivity analysis
variable costs
personal property
compounded daily
47. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
p.a.
mean
interest
48. The borrower
compounded monthly
lessor
mortgagor
divisor
49. A chart that shows the balance of the mortgage after each amortization period
ratio
the three items that may have to be subracted from the gross return figure when calculating net return
amortization schedule
real property
50. Shows the assets - liabilities and financial position of the company
balance sheet
the four helpful calculating tools
compounded interest
variable