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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. Algebraic - arithmetic
the two methods calculators use to process information
foreclosure
weighted average
mortgage
2. An item of data the stays the same
chain discounts
statistic
high risk investment
constant
3. The amount of money borrowed is less than 75% of the purchase price
special discounts
conventional mortgage
multiplicand
foreclosure
4. Paid in full
income statement
retired or amortized
multi modal
compounded annually
5. A loan
balance sheet
multiplier
the two methods calculators use to process information
mortgage
6. When two ratios are equal
the two main types of shares
sensitivity analysis
extention
proportion
7. The lender
mortgagee
minimum
investment
range
8. The interest amount is small - but you are guaranteed to get something
proportion
low risk investment
sample
special discounts
9. The first number
multiplicand
lessor
sensitivity analysis
liabilities
10. Security for a loan
residual value
collateral
compounded quarterly
the four helpful calculating tools
11. Interest is paid twice a year
compounded sem-annually
lessee
balance sheet
personal property
12. A series of discounts
complete enumeration survey
parameter
investment
chain discounts
13. The score that falls in the middle
real property
median
foreign currency exchange
data
14. A rate that one currency can be exchanged for another
bottom line figures
foreign currency exchange
minimum
medium risk investment
15. Parts of a whole number
fractions
collateral
compounded interest
constant
16. Interest is paid once a year
net capitalized cost
constant
retired or amortized
compounded annually
17. The total of units multiplied by the price
constant
extention
front-loaded
preference shares
18. Interest is paid four times a year
percent
mortgagee
lessee
compounded quarterly
19. Paid dividends after the preference shares have been paid
p.a.
the two main types of shares
break even point
common shares
20. Share of the profits of a company
sales commission
high risk investment
dividend
multiplicand
21. A comparison of two numbers
ratio
money factor
fixed costs
statistic
22. Per day
compounded monthly
trade discount
per diem
invoice
23. The info collected from a survey and the figures generated through statistical analysis
data
investment
medium risk investment
assets
24. Preference and common
proportion
net capitalized cost
multiplier
the two main types of shares
25. The money paid to an employee based on a percentage of their sales
compounded monthly
percent
amortization period
sales commission
26. The length of the loan
mortgagee
term
multiplier
personal property
27. Amount of money coming in and going out of your business monthly
cash flow
special discounts
sample
foreign currency exchange
28. Money earned on an investment or paid on a loan
conventional mortgage
mode
parameter
interest
29. Where info is collected for every unit of the population
liabilities
complete enumeration survey
foreclosure
median
30. More than one frequently occuring value in a group of data
minimum
multi modal
sensitivity analysis
front-loaded
31. The unexpected variablility of returns
sample
risk
cash discounts
the three items that may have to be subracted from the gross return figure when calculating net return
32. The process of repossessing and selling the real or personal property when the borrower has defaulted
default
foreclosure
lessor
complete enumeration survey
33. Money given to someone on condition the person will return the money and interest by a specific date
mortgage
term
variable
loan
34. A percentage discount to customers
cash flow
special discounts
income statement
fractions
35. electronic - portable (pocket) - computer - spreadsheets
low risk investment
loan
the four helpful calculating tools
data
36. Things you own
ratio
assets
cross-footing
fixed costs
37. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
data
fixed costs
front-loaded
38. Indicators of the confidence investors have in a company (the higher the better)
risk
overtime
price earnings ratios
interest
39. A bill
retired or amortized
dividend
invoice
break even point
40. A portion of the population being studied
proportion
cash flow
sample
bottom line figures
41. The price after any down-payment or trade-in
variable
compounded monthly
net capitalized cost
population
42. Costs that remain constant
cash discounts
fixed costs
constant
loan
43. The borrower
variable costs
amortization schedule
mortgagor
ratio
44. Interest is paid twelve times a year
foreign currency exchange
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
compounded monthly
45. of one hundred
percent
special discounts
the two main types of shares
compounded quarterly
46. Discounts offered to encourage customers to pay their bills on time
common shares
minimum
mortgagor
cash discounts
47. The length of time until the debt is zero
invoice
lessor
amortization period
median
48. Shows the assets - liabilities and financial position of the company
balance sheet
foreign currency exchange
divisor
lessee
49. The number to be divided by
high risk investment
variable costs
fractions
dividend
50. The point where income and expenses intersect (no loss or profit)
compounded sem-annually
break even point
dividend
proportion