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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. of one hundred
break even point
percent
the two types of interest
simple interest
2. used when the each piece of data has more than one component
medium risk investment
assets
weighted average
foreign currency exchange
3. Property other than real estate (often called a chattel mortgage)
personal property
special discounts
interest
the four helpful calculating tools
4. The number to be divided by
dividend
mortgagor
weighted average
cash flow
5. Per annum - yearly
p.a.
constant
percent
price earnings ratios
6. A comparison of two numbers
compounded quarterly
foreign currency exchange
ratio
capital cost allowance
7. A bill
median
break even point
mode
invoice
8. The borrower
data
maximum
statistic
mortgagor
9. Things you own
dividend
assets
the two types of interest
extention
10. The score that falls in the middle
low risk investment
maximum
median
the two types of interest
11. A rate that one currency can be exchanged for another
extention
foreign currency exchange
the two main types of shares
mean
12. Part ownership in a company
common shares
collateral
complete enumeration survey
shares
13. The unexpected variablility of returns
mortgagor
term
risk
statistic
14. The person paying to borrow property for a certain amount of time for payments
the three items that may have to be subracted from the gross return figure when calculating net return
low risk investment
shares
lessee
15. The owner of the property
lessor
money factor
statistic
the two types of interest
16. Number calculated from population data
net capitalized cost
variable costs
fixed costs
parameter
17. A number calculated from sample data
the two main types of shares
cash discounts
statistic
cross-footing
18. The majority of the early payments go toward paying the interest on the loan
lessee
bottom line figures
high risk investment
front-loaded
19. Interest calculated on the principle
lease
extention
simple interest
fixed costs
20. The depreciation of an asset as an expense
amortization schedule
capital cost allowance
the two methods calculators use to process information
assets
21. A contract giving someone the right to use something for a certain length of time
median
real property
lease
break even point
22. loans to companies or goverments (no voting rights)
bonds
cash flow
statistic
retired or amortized
23. Parts of a whole number
fractions
ratio
mortgagor
real property
24. The money paid to an employee based on a percentage of their sales
sales commission
the two methods calculators use to process information
fixed costs
the two types of interest
25. The number you are dividing by
compounded interest
high risk investment
divisor
the four helpful calculating tools
26. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
residual value
constant
assets
27. The first number
lessee
chain discounts
multiplicand
percent
28. A chart that shows the balance of the mortgage after each amortization period
p.a.
amortization schedule
low risk investment
default
29. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
net capitalized cost
bonds
extention
30. Shows the money coming in and expenses for a certain period of time.
compounded annually
income statement
fractions
residual value
31. The amount of money borrowed is less than 75% of the purchase price
preference shares
money factor
conventional mortgage
complete enumeration survey
32. Money earned on an investment or paid on a loan
variable
range
interest
statistic
33. you may get a large return or get nothing
assets
high risk investment
compounded annually
mode
34. Interest is paid four times a year
compounded monthly
loan
medium risk investment
compounded quarterly
35. A portion of the population being studied
complete enumeration survey
sample
dividend
parameter
36. Discounts offered to encourage customers to pay their bills on time
bonds
cash discounts
compounded sem-annually
compounded monthly
37. The length of time until the debt is zero
multiplicand
residual value
amortization period
ratio
38. Deciding if its worth the risk
collateral
interest
variable costs
sensitivity analysis
39. Commission fee - inflation rate - capital gains tax
the two methods calculators use to process information
the three items that may have to be subracted from the gross return figure when calculating net return
chain discounts
personal property
40. real estate (houses - condos - warehouses - factories - etc)
medium risk investment
personal property
fixed costs
real property
41. The most frequently occuring value in a group of data
fixed costs
fractions
mean
mode
42. Investing in a well-established company
divisor
multi modal
cross-footing
medium risk investment
43. The lowest number in a group of data
the three items that may have to be subracted from the gross return figure when calculating net return
the two types of interest
personal property
minimum
44. Security for a loan
minimum
common shares
collateral
lessor
45. The difference between the highest and lowest numbers in a set of data
sensitivity analysis
the two types of interest
range
p.a.
46. Non-payment
break even point
conventional mortgage
default
bottom line figures
47. Interest is paid once a year
compounded annually
p.a.
complete enumeration survey
mortgage
48. Amount of money coming in and going out of your business monthly
cash discounts
residual value
sensitivity analysis
cash flow
49. The highest number in a group of data
maximum
chain discounts
compounded monthly
population
50. Something that is expected to return a profit
the two main types of shares
cash flow
investment
weighted average