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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
variable
compounded daily
the three items that may have to be subracted from the gross return figure when calculating net return
dividend
2. A series of discounts
chain discounts
high risk investment
maximum
loan
3. Interest is paid 365 times a year
compounded daily
lessee
p.a.
multiplicand
4. Costs that remain constant
mean
multi modal
compounded monthly
fixed costs
5. The highest number in a group of data
variable
maximum
compounded monthly
capital cost allowance
6. The interest amount is small - but you are guaranteed to get something
low risk investment
trade discount
variable costs
median
7. The borrower
bottom line figures
percent
medium risk investment
mortgagor
8. Security for a loan
mortgage
p.a.
data
collateral
9. Interest calculated on the principle
simple interest
statistic
collateral
net capitalized cost
10. electronic - portable (pocket) - computer - spreadsheets
ratio
high-ratio mortgage
front-loaded
the four helpful calculating tools
11. Amount of money coming in and going out of your business monthly
proportion
lease
cash flow
assets
12. The number to be divided by
overtime
mean
dividend
compounded sem-annually
13. An item of data the stays the same
assets
variable
constant
special discounts
14. Non-payment
chain discounts
net capitalized cost
the two types of interest
default
15. The difference between the highest and lowest numbers in a set of data
range
minimum
personal property
capital cost allowance
16. Something that is expected to return a profit
multiplier
net capitalized cost
chain discounts
investment
17. When two ratios are equal
proportion
dividend
overtime
mean
18. A comparison of two numbers
compounded daily
sensitivity analysis
extention
ratio
19. A complete set of individuals - objects or scores being studied
net capitalized cost
population
sensitivity analysis
multiplier
20. Algebraic - arithmetic
the two methods calculators use to process information
collateral
multiplicand
fixed costs
21. Parts of a whole number
dividend
compounded annually
fractions
cash flow
22. The unexpected variablility of returns
risk
cross-footing
mean
sales commission
23. A bill
mortgage
compounded interest
invoice
cash flow
24. Property other than real estate (often called a chattel mortgage)
sales commission
amortization period
personal property
price earnings ratios
25. The number you are multipliying by
compounded monthly
amortization schedule
multiplier
residual value
26. Where info is collected for every unit of the population
complete enumeration survey
the two main types of shares
compounded quarterly
data
27. Simple and compound
the two types of interest
variable
break even point
shares
28. The length of the loan
divisor
term
overtime
data
29. The process of repossessing and selling the real or personal property when the borrower has defaulted
simple interest
conventional mortgage
range
foreclosure
30. Shows the money coming in and expenses for a certain period of time.
chain discounts
residual value
income statement
the two types of interest
31. The majority of the early payments go toward paying the interest on the loan
front-loaded
shares
foreign currency exchange
risk
32. Paid dividends after the preference shares have been paid
foreign currency exchange
common shares
invoice
extention
33. The lowest number in a group of data
minimum
sensitivity analysis
common shares
proportion
34. Costs that fluctuate
variable costs
amortization schedule
fixed costs
liabilities
35. A percentage discount to customers
the two types of interest
special discounts
extention
liabilities
36. real estate (houses - condos - warehouses - factories - etc)
conventional mortgage
variable costs
real property
sales commission
37. The owner of the property
variable
lessor
mortgagor
fractions
38. used when the each piece of data has more than one component
special discounts
mode
conventional mortgage
weighted average
39. Interest calculated on the principal plus any accumulated interest
special discounts
compounded interest
retired or amortized
invoice
40. of one hundred
percent
extention
compounded monthly
liabilities
41. The final figures
bottom line figures
conventional mortgage
break even point
percent
42. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
cash discounts
risk
retired or amortized
43. The first number
statistic
price earnings ratios
multiplicand
chain discounts
44. Paid in full
variable costs
the four helpful calculating tools
retired or amortized
divisor
45. Commission fee - inflation rate - capital gains tax
cash flow
mean
the three items that may have to be subracted from the gross return figure when calculating net return
per diem
46. Time worked beyond the established working hours
divisor
the two types of interest
overtime
amortization period
47. The lender
balance sheet
mortgagee
capital cost allowance
per diem
48. The amount of money borrowed is between 75% - 95% of the purchase price
weighted average
high-ratio mortgage
simple interest
lessor
49. Shows the assets - liabilities and financial position of the company
invoice
balance sheet
range
p.a.
50. Number calculated from population data
chain discounts
assets
parameter
minimum