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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. An item of data that has a different value at different times
personal property
variable
amortization period
cross-footing
2. Share of the profits of a company
statistic
mode
residual value
dividend
3. Algebraic - arithmetic
the two methods calculators use to process information
invoice
sensitivity analysis
income statement
4. Discounts offered to encourage customers to pay their bills on time
cash discounts
cash flow
fractions
per diem
5. used when the each piece of data has more than one component
variable costs
weighted average
overtime
per diem
6. Indicators of the confidence investors have in a company (the higher the better)
bottom line figures
price earnings ratios
front-loaded
ratio
7. A complete set of individuals - objects or scores being studied
the three items that may have to be subracted from the gross return figure when calculating net return
risk
population
residual value
8. Costs that fluctuate
amortization period
variable costs
weighted average
p.a.
9. The difference between the highest and lowest numbers in a set of data
range
retired or amortized
term
front-loaded
10. Property other than real estate (often called a chattel mortgage)
personal property
median
loan
compounded monthly
11. The money paid to an employee based on a percentage of their sales
front-loaded
sales commission
p.a.
income statement
12. Amount of money coming in and going out of your business monthly
fixed costs
mean
dividend
cash flow
13. A comparison of two numbers
compounded quarterly
minimum
ratio
mode
14. The number to be divided by
break even point
investment
dividend
mortgagee
15. A portion of the population being studied
collateral
sales commission
personal property
sample
16. When two ratios are equal
price earnings ratios
variable
proportion
balance sheet
17. A bill
maximum
risk
invoice
sample
18. A number calculated from sample data
the four helpful calculating tools
the three items that may have to be subracted from the gross return figure when calculating net return
statistic
compounded sem-annually
19. Interest is paid twelve times a year
compounded monthly
lessee
amortization schedule
parameter
20. An item of data the stays the same
capital cost allowance
lessee
constant
bonds
21. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
shares
compounded sem-annually
high-ratio mortgage
22. Parts of a whole number
fractions
range
price earnings ratios
parameter
23. A rate that one currency can be exchanged for another
low risk investment
range
the four helpful calculating tools
foreign currency exchange
24. Interest is paid once a year
compounded annually
mortgagee
mode
simple interest
25. loans to companies or goverments (no voting rights)
the three items that may have to be subracted from the gross return figure when calculating net return
preference shares
fixed costs
bonds
26. Deciding if its worth the risk
default
sensitivity analysis
complete enumeration survey
compounded interest
27. The owner of the property
lessor
foreign currency exchange
net capitalized cost
mode
28. The amount the property is worth at the end of the lease
proportion
residual value
data
per diem
29. The depreciation of an asset as an expense
amortization schedule
retired or amortized
capital cost allowance
foreign currency exchange
30. A decimal figure when x by 2400 gives an approximate annual interest rate
lessee
money factor
complete enumeration survey
variable costs
31. Paid dividends after the preference shares have been paid
conventional mortgage
common shares
front-loaded
mean
32. The length of the loan
multiplicand
statistic
term
the two main types of shares
33. The number you are multipliying by
multiplier
foreign currency exchange
high risk investment
minimum
34. Commission fee - inflation rate - capital gains tax
bonds
ratio
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
35. Adding columns of figures horizontally and vertically to check that the totals agree
per diem
trade discount
range
cross-footing
36. electronic - portable (pocket) - computer - spreadsheets
cash discounts
front-loaded
the four helpful calculating tools
weighted average
37. Costs that remain constant
mean
fixed costs
the two methods calculators use to process information
fractions
38. you may get a large return or get nothing
low risk investment
high risk investment
sensitivity analysis
special discounts
39. The lender
parameter
mortgagee
break even point
invoice
40. Investing in a well-established company
median
ratio
medium risk investment
bottom line figures
41. The person paying to borrow property for a certain amount of time for payments
capital cost allowance
multiplier
lessee
foreclosure
42. Number calculated from population data
lease
lessor
parameter
chain discounts
43. Interest is paid 365 times a year
money factor
compounded daily
dividend
weighted average
44. Interest calculated on the principal plus any accumulated interest
fixed costs
personal property
chain discounts
compounded interest
45. Preference and common
the two main types of shares
the three items that may have to be subracted from the gross return figure when calculating net return
parameter
p.a.
46. Money earned on an investment or paid on a loan
term
proportion
interest
weighted average
47. The most frequently occuring value in a group of data
multiplier
mode
ratio
compounded annually
48. The highest number in a group of data
maximum
compounded monthly
real property
mortgagor
49. Interest is paid four times a year
default
mortgagee
the two types of interest
compounded quarterly
50. More than one frequently occuring value in a group of data
multi modal
mortgagor
foreign currency exchange
divisor