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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. Per annum - yearly
percent
default
p.a.
cross-footing
2. loans to companies or goverments (no voting rights)
bonds
compounded daily
low risk investment
capital cost allowance
3. A portion of the population being studied
amortization schedule
lessor
parameter
sample
4. The majority of the early payments go toward paying the interest on the loan
sensitivity analysis
amortization period
multi modal
front-loaded
5. The info collected from a survey and the figures generated through statistical analysis
constant
data
compounded annually
population
6. The point where income and expenses intersect (no loss or profit)
break even point
balance sheet
foreign currency exchange
lessee
7. The number you are dividing by
multi modal
maximum
the two methods calculators use to process information
divisor
8. Adding columns of figures horizontally and vertically to check that the totals agree
capital cost allowance
trade discount
cross-footing
common shares
9. Commission fee - inflation rate - capital gains tax
divisor
income statement
the three items that may have to be subracted from the gross return figure when calculating net return
per diem
10. you may get a large return or get nothing
cash discounts
the two main types of shares
constant
high risk investment
11. An item of data that has a different value at different times
sales commission
risk
high-ratio mortgage
variable
12. The unexpected variablility of returns
amortization period
low risk investment
risk
mean
13. The length of time until the debt is zero
loan
amortization period
compounded sem-annually
the two main types of shares
14. Interest is paid once a year
compounded annually
the two types of interest
cross-footing
extention
15. Money given to someone on condition the person will return the money and interest by a specific date
simple interest
compounded annually
mortgage
loan
16. (simple average) adding the group of items and dividing by the total number of items
fractions
mean
range
the two types of interest
17. Shows the assets - liabilities and financial position of the company
risk
conventional mortgage
balance sheet
bottom line figures
18. A bill
multiplicand
invoice
mortgagee
high-ratio mortgage
19. used when the each piece of data has more than one component
collateral
common shares
real property
weighted average
20. Interest is paid twice a year
lessor
compounded sem-annually
common shares
the two types of interest
21. More than one frequently occuring value in a group of data
common shares
multiplier
multi modal
foreclosure
22. The lowest number in a group of data
compounded sem-annually
minimum
high risk investment
parameter
23. Interest calculated on the principal plus any accumulated interest
compounded interest
preference shares
net capitalized cost
collateral
24. Preference and common
the two main types of shares
fractions
proportion
overtime
25. The money paid to an employee based on a percentage of their sales
high risk investment
real property
range
sales commission
26. The depreciation of an asset as an expense
preference shares
divisor
capital cost allowance
multiplicand
27. Number calculated from population data
parameter
mortgagee
compounded monthly
chain discounts
28. An item of data the stays the same
constant
low risk investment
preference shares
compounded annually
29. A rate that one currency can be exchanged for another
foreign currency exchange
mortgagee
maximum
common shares
30. Simple and compound
trade discount
minimum
the two types of interest
invoice
31. A percentage discount to customers
mean
variable costs
special discounts
income statement
32. The highest number in a group of data
chain discounts
variable
retired or amortized
maximum
33. The owner of the property
sensitivity analysis
compounded quarterly
cross-footing
lessor
34. The price after any down-payment or trade-in
assets
statistic
net capitalized cost
interest
35. Interest is paid 365 times a year
compounded monthly
investment
net capitalized cost
compounded daily
36. Time worked beyond the established working hours
balance sheet
overtime
mean
dividend
37. Where info is collected for every unit of the population
the two main types of shares
simple interest
complete enumeration survey
compounded sem-annually
38. The score that falls in the middle
median
sales commission
break even point
statistic
39. A comparison of two numbers
compounded quarterly
sales commission
common shares
ratio
40. electronic - portable (pocket) - computer - spreadsheets
ratio
the four helpful calculating tools
invoice
population
41. Per day
capital cost allowance
high risk investment
amortization schedule
per diem
42. Algebraic - arithmetic
compounded annually
multiplicand
minimum
the two methods calculators use to process information
43. Money earned on an investment or paid on a loan
interest
compounded interest
variable costs
overtime
44. When two ratios are equal
loan
fractions
proportion
population
45. A chart that shows the balance of the mortgage after each amortization period
medium risk investment
lease
amortization schedule
foreclosure
46. Investing in a well-established company
medium risk investment
per diem
mortgagor
price earnings ratios
47. The most frequently occuring value in a group of data
the two types of interest
mode
liabilities
per diem
48. Provide a specific dividend that is paid before any dividends are paid to common stock holders
lessor
money factor
preference shares
mortgagee
49. A series of discounts
chain discounts
variable
shares
simple interest
50. Interest is paid four times a year
percent
front-loaded
complete enumeration survey
compounded quarterly