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Test your basic knowledge 
DSST Business Math Vocab 2
Start Test
Study First
Subjects
:
dsst
,
math
,
businessskills
,
businessmath
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 reenforces your understanding as you take the test each time.
1. Shows the assets  liabilities and financial position of the company
balance sheet
lease
the two main types of shares
constant
2. The final figures
weighted average
loan
variable
bottom line figures
3. The highest number in a group of data
population
lessor
maximum
range
4. Share of the profits of a company
dividend
highratio mortgage
the four helpful calculating tools
amortization period
5. The process of repossessing and selling the real or personal property when the borrower has defaulted
default
foreclosure
low risk investment
invoice
6. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
preference shares
fractions
special discounts
7. Paid in full
cash discounts
dividend
retired or amortized
lessor
8. loans to companies or goverments (no voting rights)
bonds
chain discounts
sales commission
balance sheet
9. Deciding if its worth the risk
sales commission
frontloaded
sensitivity analysis
medium risk investment
10. A portion of the population being studied
cash discounts
the two methods calculators use to process information
per diem
sample
11. Interest is paid twice a year
residual value
compounded semannually
real property
invoice
12. Interest is paid twelve times a year
price earnings ratios
per diem
compounded monthly
dividend
13. A rate that one currency can be exchanged for another
foreign currency exchange
sales commission
capital cost allowance
compounded interest
14. When two ratios are equal
proportion
special discounts
term
mortgagee
15. Per annum  yearly
trade discount
term
preference shares
p.a.
16. The number to be divided by
compounded annually
dividend
special discounts
amortization period
17. A series of discounts
fixed costs
chain discounts
multi modal
parameter
18. A number calculated from sample data
conventional mortgage
compounded daily
multiplier
statistic
19. Preference and common
the two main types of shares
income statement
personal property
term
20. A bill
amortization schedule
invoice
simple interest
interest
21. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
minimum
median
mortgagee
22. of one hundred
common shares
compounded annually
compounded semannually
percent
23. The info collected from a survey and the figures generated through statistical analysis
constant
data
compounded annually
medium risk investment
24. Costs that remain constant
sales commission
fixed costs
investment
high risk investment
25. The number you are dividing by
compounded quarterly
divisor
mode
income statement
26. Simple and compound
ratio
the two types of interest
range
constant
27. Interest calculated on the principle
price earnings ratios
simple interest
interest
conventional mortgage
28. The amount of money borrowed is between 75%  95% of the purchase price
multiplier
minimum
amortization schedule
highratio mortgage
29. Things you own
simple interest
fractions
variable costs
assets
30. An item of data the stays the same
price earnings ratios
constant
balance sheet
assets
31. A percentage discount for buyers associated with the products being sold
minimum
simple interest
trade discount
compounded monthly
32. real estate (houses  condos  warehouses  factories  etc)
preference shares
assets
real property
money factor
33. A complete set of individuals  objects or scores being studied
money factor
population
break even point
p.a.
34. A comparison of two numbers
amortization period
lessee
ratio
cash flow
35. Costs that fluctuate
low risk investment
variable costs
high risk investment
weighted average
36. Investing in a wellestablished company
medium risk investment
mean
term
retired or amortized
37. The person paying to borrow property for a certain amount of time for payments
bonds
break even point
lessee
low risk investment
38. The total of units multiplied by the price
percent
investment
extention
constant
39. you may get a large return or get nothing
high risk investment
conventional mortgage
dividend
maximum
40. The difference between the highest and lowest numbers in a set of data
p.a.
range
fixed costs
preference shares
41. A percentage discount to customers
cash discounts
special discounts
fixed costs
sample
42. Where info is collected for every unit of the population
complete enumeration survey
break even point
variable costs
sample
43. The owner of the property
residual value
fractions
lessor
conventional mortgage
44. Provide a specific dividend that is paid before any dividends are paid to common stock holders
compounded monthly
retired or amortized
net capitalized cost
preference shares
45. Interest is paid 365 times a year
mortgage
compounded daily
investment
proportion
46. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
net capitalized cost
per diem
compounded interest
47. The price after any downpayment or tradein
parameter
foreign currency exchange
default
net capitalized cost
48. Amounts of money you owe
the two methods calculators use to process information
balance sheet
liabilities
the four helpful calculating tools
49. Part ownership in a company
variable
proportion
complete enumeration survey
shares
50. Amount of money coming in and going out of your business monthly
data
cash flow
lessor
weighted average