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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. Paid dividends after the preference shares have been paid
retired or amortized
common shares
mortgagee
term
2. A portion of the population being studied
interest
sample
invoice
compounded quarterly
3. Interest calculated on the principal plus any accumulated interest
dividend
minimum
compounded interest
lessor
4. Investing in a well-established company
cross-footing
extention
medium risk investment
lease
5. Adding columns of figures horizontally and vertically to check that the totals agree
common shares
assets
cross-footing
compounded interest
6. The number to be divided by
lessor
per diem
sales commission
dividend
7. Share of the profits of a company
bonds
the two main types of shares
statistic
dividend
8. A bill
population
weighted average
invoice
compounded monthly
9. The owner of the property
term
multiplier
lessor
weighted average
10. Interest is paid once a year
chain discounts
compounded annually
fixed costs
retired or amortized
11. used when the each piece of data has more than one component
weighted average
interest
balance sheet
mean
12. The number you are multipliying by
multiplier
low risk investment
loan
minimum
13. Interest is paid twice a year
median
multiplier
compounded sem-annually
invoice
14. More than one frequently occuring value in a group of data
lessee
risk
multi modal
amortization period
15. The lender
multiplicand
mortgagor
mortgagee
constant
16. An item of data that has a different value at different times
net capitalized cost
shares
variable
income statement
17. Costs that remain constant
collateral
fixed costs
fractions
compounded interest
18. A number calculated from sample data
residual value
statistic
balance sheet
dividend
19. Time worked beyond the established working hours
mortgagor
overtime
risk
loan
20. A comparison of two numbers
shares
investment
real property
ratio
21. The process of repossessing and selling the real or personal property when the borrower has defaulted
lessor
balance sheet
foreclosure
proportion
22. The highest number in a group of data
mortgagor
ratio
maximum
shares
23. The money paid to an employee based on a percentage of their sales
retired or amortized
preference shares
chain discounts
sales commission
24. A contract giving someone the right to use something for a certain length of time
compounded interest
statistic
term
lease
25. The info collected from a survey and the figures generated through statistical analysis
data
personal property
chain discounts
loan
26. A complete set of individuals - objects or scores being studied
compounded annually
multiplicand
population
statistic
27. The price after any down-payment or trade-in
assets
compounded daily
minimum
net capitalized cost
28. Interest is paid four times a year
retired or amortized
liabilities
the two main types of shares
compounded quarterly
29. The point where income and expenses intersect (no loss or profit)
bonds
bottom line figures
cash discounts
break even point
30. Things you own
compounded daily
maximum
sales commission
assets
31. of one hundred
income statement
foreclosure
percent
the four helpful calculating tools
32. A loan
mortgage
retired or amortized
conventional mortgage
the two methods calculators use to process information
33. loans to companies or goverments (no voting rights)
the two methods calculators use to process information
bonds
liabilities
per diem
34. Preference and common
p.a.
constant
high risk investment
the two main types of shares
35. Something that is expected to return a profit
investment
loan
sensitivity analysis
foreign currency exchange
36. Amount of money coming in and going out of your business monthly
median
cash flow
invoice
income statement
37. A series of discounts
chain discounts
common shares
trade discount
foreign currency exchange
38. When two ratios are equal
multi modal
proportion
chain discounts
per diem
39. The length of the loan
mode
income statement
term
investment
40. Indicators of the confidence investors have in a company (the higher the better)
the two types of interest
high-ratio mortgage
price earnings ratios
balance sheet
41. A decimal figure when x by 2400 gives an approximate annual interest rate
extention
personal property
money factor
common shares
42. you may get a large return or get nothing
constant
term
chain discounts
high risk investment
43. electronic - portable (pocket) - computer - spreadsheets
default
balance sheet
cash flow
the four helpful calculating tools
44. The lowest number in a group of data
lessor
minimum
personal property
maximum
45. Algebraic - arithmetic
fixed costs
medium risk investment
the two methods calculators use to process information
simple interest
46. Paid in full
low risk investment
real property
money factor
retired or amortized
47. Non-payment
default
compounded monthly
overtime
simple interest
48. Money earned on an investment or paid on a loan
interest
dividend
default
price earnings ratios
49. The most frequently occuring value in a group of data
the two main types of shares
mode
the two methods calculators use to process information
foreign currency exchange
50. The length of time until the debt is zero
sample
high-ratio mortgage
amortization period
personal property