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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. Security for a loan
multiplicand
collateral
high-ratio mortgage
weighted average
2. Time worked beyond the established working hours
extention
high risk investment
bottom line figures
overtime
3. Things you own
assets
amortization schedule
compounded monthly
risk
4. Interest calculated on the principle
ratio
bottom line figures
net capitalized cost
simple interest
5. A percentage discount for buyers associated with the products being sold
sensitivity analysis
foreign currency exchange
trade discount
sales commission
6. Per annum - yearly
p.a.
bonds
high risk investment
collateral
7. The final figures
real property
bottom line figures
the two types of interest
variable
8. used when the each piece of data has more than one component
bottom line figures
fractions
personal property
weighted average
9. Interest is paid twice a year
compounded sem-annually
real property
divisor
medium risk investment
10. loans to companies or goverments (no voting rights)
p.a.
complete enumeration survey
mode
bonds
11. Shows the assets - liabilities and financial position of the company
compounded daily
sample
balance sheet
statistic
12. When two ratios are equal
sample
proportion
variable
per diem
13. Property other than real estate (often called a chattel mortgage)
personal property
real property
cross-footing
p.a.
14. Part ownership in a company
statistic
interest
amortization period
shares
15. Interest is paid 365 times a year
fractions
compounded daily
weighted average
preference shares
16. Money earned on an investment or paid on a loan
the three items that may have to be subracted from the gross return figure when calculating net return
interest
compounded quarterly
maximum
17. Where info is collected for every unit of the population
multiplicand
collateral
complete enumeration survey
break even point
18. A portion of the population being studied
extention
high-ratio mortgage
sample
the two methods calculators use to process information
19. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
income statement
balance sheet
invoice
20. A comparison of two numbers
low risk investment
multiplier
ratio
sample
21. The interest amount is small - but you are guaranteed to get something
weighted average
low risk investment
p.a.
loan
22. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
low risk investment
mode
fractions
23. Paid dividends after the preference shares have been paid
common shares
percent
overtime
break even point
24. Costs that remain constant
sales commission
risk
medium risk investment
fixed costs
25. The person paying to borrow property for a certain amount of time for payments
cash flow
lessee
trade discount
front-loaded
26. 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
bottom line figures
lessee
statistic
27. The score that falls in the middle
cash discounts
constant
the two main types of shares
median
28. A loan
mortgage
high risk investment
investment
range
29. An item of data that has a different value at different times
variable
the three items that may have to be subracted from the gross return figure when calculating net return
cash discounts
range
30. Indicators of the confidence investors have in a company (the higher the better)
sample
price earnings ratios
high risk investment
simple interest
31. The most frequently occuring value in a group of data
high-ratio mortgage
mortgagor
mode
low risk investment
32. (simple average) adding the group of items and dividing by the total number of items
retired or amortized
mean
bonds
cash flow
33. Discounts offered to encourage customers to pay their bills on time
loan
cash discounts
divisor
mean
34. A bill
percent
p.a.
ratio
invoice
35. The amount the property is worth at the end of the lease
chain discounts
residual value
extention
cash flow
36. Per day
investment
multiplicand
constant
per diem
37. An item of data the stays the same
fractions
dividend
invoice
constant
38. The length of time until the debt is zero
cash discounts
population
amortization period
investment
39. A percentage discount to customers
assets
complete enumeration survey
the three items that may have to be subracted from the gross return figure when calculating net return
special discounts
40. The info collected from a survey and the figures generated through statistical analysis
data
bottom line figures
p.a.
mean
41. The first number
real property
compounded quarterly
balance sheet
multiplicand
42. The lowest number in a group of data
minimum
capital cost allowance
the two types of interest
multiplier
43. Share of the profits of a company
dividend
data
foreign currency exchange
constant
44. Interest is paid four times a year
capital cost allowance
extention
sensitivity analysis
compounded quarterly
45. Number calculated from population data
common shares
medium risk investment
default
parameter
46. electronic - portable (pocket) - computer - spreadsheets
mortgagee
data
income statement
the four helpful calculating tools
47. Costs that fluctuate
variable costs
complete enumeration survey
net capitalized cost
high-ratio mortgage
48. The lender
compounded interest
common shares
mortgagee
complete enumeration survey
49. Deciding if its worth the risk
money factor
p.a.
lessee
sensitivity analysis
50. Shows the money coming in and expenses for a certain period of time.
income statement
minimum
foreclosure
bonds