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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. Interest calculated on the principal plus any accumulated interest
overtime
range
compounded interest
conventional mortgage
2. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
sales commission
personal property
amortization schedule
3. The final figures
the two main types of shares
foreclosure
bottom line figures
high-ratio mortgage
4. An item of data the stays the same
constant
proportion
bonds
compounded daily
5. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
money factor
mortgagee
capital cost allowance
6. Per annum - yearly
complete enumeration survey
cross-footing
p.a.
the four helpful calculating tools
7. Deciding if its worth the risk
balance sheet
lessor
sensitivity analysis
fixed costs
8. When two ratios are equal
variable costs
fractions
proportion
break even point
9. The most frequently occuring value in a group of data
complete enumeration survey
collateral
mode
compounded annually
10. The unexpected variablility of returns
compounded interest
cash discounts
risk
net capitalized cost
11. Money given to someone on condition the person will return the money and interest by a specific date
real property
simple interest
low risk investment
loan
12. real estate (houses - condos - warehouses - factories - etc)
real property
low risk investment
per diem
cross-footing
13. The number to be divided by
weighted average
dividend
high-ratio mortgage
multiplicand
14. A portion of the population being studied
capital cost allowance
sample
common shares
personal property
15. Parts of a whole number
lessee
fractions
preference shares
mean
16. Amounts of money you owe
compounded monthly
money factor
weighted average
liabilities
17. The amount the property is worth at the end of the lease
p.a.
dividend
preference shares
residual value
18. Commission fee - inflation rate - capital gains tax
p.a.
the three items that may have to be subracted from the gross return figure when calculating net return
income statement
chain discounts
19. The price after any down-payment or trade-in
parameter
net capitalized cost
fractions
multi modal
20. Share of the profits of a company
the two types of interest
money factor
range
dividend
21. loans to companies or goverments (no voting rights)
loan
bonds
mortgagor
cash flow
22. A contract giving someone the right to use something for a certain length of time
maximum
default
lease
population
23. The person paying to borrow property for a certain amount of time for payments
lessee
special discounts
sample
common shares
24. A bill
invoice
medium risk investment
front-loaded
median
25. The lowest number in a group of data
overtime
minimum
compounded sem-annually
p.a.
26. Interest calculated on the principle
bonds
sensitivity analysis
cash discounts
simple interest
27. electronic - portable (pocket) - computer - spreadsheets
statistic
the four helpful calculating tools
compounded monthly
compounded interest
28. A chart that shows the balance of the mortgage after each amortization period
shares
compounded interest
amortization schedule
term
29. Interest is paid 365 times a year
default
price earnings ratios
compounded daily
weighted average
30. Per day
per diem
the three items that may have to be subracted from the gross return figure when calculating net return
the four helpful calculating tools
balance sheet
31. Number calculated from population data
investment
money factor
ratio
parameter
32. of one hundred
constant
percent
conventional mortgage
personal property
33. Shows the money coming in and expenses for a certain period of time.
p.a.
income statement
the two methods calculators use to process information
investment
34. The first number
risk
extention
multiplicand
balance sheet
35. The difference between the highest and lowest numbers in a set of data
proportion
range
weighted average
multiplier
36. Costs that remain constant
statistic
ratio
sales commission
fixed costs
37. The highest number in a group of data
amortization schedule
the two types of interest
loan
maximum
38. Interest is paid four times a year
compounded quarterly
compounded daily
special discounts
break even point
39. Non-payment
default
the two types of interest
the two main types of shares
foreclosure
40. Where info is collected for every unit of the population
foreign currency exchange
complete enumeration survey
the two types of interest
median
41. The point where income and expenses intersect (no loss or profit)
amortization schedule
break even point
assets
per diem
42. A comparison of two numbers
ratio
lessor
high risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
43. The info collected from a survey and the figures generated through statistical analysis
overtime
investment
parameter
data
44. A number calculated from sample data
net capitalized cost
statistic
amortization period
retired or amortized
45. Adding columns of figures horizontally and vertically to check that the totals agree
proportion
cross-footing
special discounts
trade discount
46. The borrower
mortgagor
minimum
lease
cash discounts
47. Discounts offered to encourage customers to pay their bills on time
cash discounts
multiplier
sales commission
residual value
48. Interest is paid once a year
collateral
compounded annually
special discounts
preference shares
49. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded daily
conventional mortgage
range
preference shares
50. Interest is paid twelve times a year
net capitalized cost
compounded monthly
retired or amortized
real property