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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. Interest is paid once a year
loan
compounded annually
the two methods calculators use to process information
amortization schedule
2. Non-payment
default
compounded monthly
mortgage
compounded quarterly
3. Interest is paid twelve times a year
compounded monthly
divisor
real property
risk
4. Per annum - yearly
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
common shares
p.a.
5. Algebraic - arithmetic
dividend
the two methods calculators use to process information
per diem
the two types of interest
6. Indicators of the confidence investors have in a company (the higher the better)
interest
cash discounts
price earnings ratios
capital cost allowance
7. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
net capitalized cost
mean
proportion
8. The final figures
the two types of interest
mortgagee
interest
bottom line figures
9. Interest calculated on the principle
capital cost allowance
simple interest
balance sheet
default
10. The number you are dividing by
common shares
invoice
fractions
divisor
11. loans to companies or goverments (no voting rights)
variable
bonds
foreign currency exchange
per diem
12. Things you own
assets
sensitivity analysis
cross-footing
variable
13. The majority of the early payments go toward paying the interest on the loan
preference shares
p.a.
maximum
front-loaded
14. Commission fee - inflation rate - capital gains tax
variable costs
the three items that may have to be subracted from the gross return figure when calculating net return
compounded monthly
loan
15. you may get a large return or get nothing
high risk investment
lease
preference shares
amortization period
16. Amounts of money you owe
liabilities
lessor
mortgagor
common shares
17. Investing in a well-established company
amortization schedule
liabilities
capital cost allowance
medium risk investment
18. The owner of the property
high-ratio mortgage
compounded daily
lessor
low risk investment
19. The length of time until the debt is zero
amortization period
sensitivity analysis
fractions
preference shares
20. Per day
default
median
per diem
real property
21. Time worked beyond the established working hours
cash flow
liabilities
assets
overtime
22. The lender
retired or amortized
foreclosure
simple interest
mortgagee
23. A complete set of individuals - objects or scores being studied
population
capital cost allowance
high risk investment
real property
24. The amount of money borrowed is between 75% - 95% of the purchase price
compounded quarterly
shares
high-ratio mortgage
loan
25. A rate that one currency can be exchanged for another
investment
simple interest
complete enumeration survey
foreign currency exchange
26. Preference and common
divisor
the two main types of shares
foreclosure
the three items that may have to be subracted from the gross return figure when calculating net return
27. The most frequently occuring value in a group of data
compounded sem-annually
mode
investment
amortization period
28. Interest is paid twice a year
compounded sem-annually
constant
amortization period
overtime
29. The number you are multipliying by
dividend
multiplier
parameter
compounded sem-annually
30. The process of repossessing and selling the real or personal property when the borrower has defaulted
cash flow
ratio
data
foreclosure
31. Shows the money coming in and expenses for a certain period of time.
low risk investment
lease
income statement
multiplier
32. The first number
statistic
compounded daily
multiplicand
income statement
33. A series of discounts
overtime
fixed costs
minimum
chain discounts
34. of one hundred
compounded annually
extention
lessee
percent
35. The person paying to borrow property for a certain amount of time for payments
capital cost allowance
weighted average
lessee
money factor
36. Shows the assets - liabilities and financial position of the company
balance sheet
per diem
minimum
range
37. (simple average) adding the group of items and dividing by the total number of items
mean
mortgagor
minimum
preference shares
38. When two ratios are equal
default
assets
lessee
proportion
39. Money given to someone on condition the person will return the money and interest by a specific date
compounded monthly
the three items that may have to be subracted from the gross return figure when calculating net return
loan
statistic
40. Money earned on an investment or paid on a loan
interest
compounded quarterly
the two methods calculators use to process information
foreign currency exchange
41. Paid dividends after the preference shares have been paid
common shares
bonds
dividend
sales commission
42. The borrower
simple interest
cross-footing
mortgagor
multiplicand
43. The total of units multiplied by the price
extention
cash flow
default
liabilities
44. The highest number in a group of data
assets
shares
mortgage
maximum
45. Parts of a whole number
the two main types of shares
cash flow
fractions
term
46. The money paid to an employee based on a percentage of their sales
sales commission
overtime
the two types of interest
percent
47. The amount the property is worth at the end of the lease
residual value
parameter
p.a.
balance sheet
48. real estate (houses - condos - warehouses - factories - etc)
cash discounts
overtime
real property
money factor
49. A contract giving someone the right to use something for a certain length of time
compounded sem-annually
mean
lease
simple interest
50. The unexpected variablility of returns
percent
constant
risk
cash flow