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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. A contract giving someone the right to use something for a certain length of time
lease
medium risk investment
bottom line figures
mortgagor
2. Adding columns of figures horizontally and vertically to check that the totals agree
compounded interest
cross-footing
common shares
dividend
3. A loan
mortgage
statistic
compounded daily
dividend
4. The lender
mortgagee
loan
sample
median
5. The highest number in a group of data
preference shares
per diem
maximum
divisor
6. The score that falls in the middle
median
population
compounded annually
high risk investment
7. electronic - portable (pocket) - computer - spreadsheets
sample
the three items that may have to be subracted from the gross return figure when calculating net return
the four helpful calculating tools
compounded monthly
8. A rate that one currency can be exchanged for another
median
fixed costs
foreign currency exchange
population
9. Interest is paid four times a year
compounded quarterly
mortgagor
the two methods calculators use to process information
parameter
10. Share of the profits of a company
assets
dividend
shares
investment
11. (simple average) adding the group of items and dividing by the total number of items
bonds
conventional mortgage
mean
constant
12. of one hundred
percent
multi modal
retired or amortized
mortgage
13. real estate (houses - condos - warehouses - factories - etc)
real property
sales commission
compounded annually
median
14. Indicators of the confidence investors have in a company (the higher the better)
invoice
variable
price earnings ratios
term
15. Interest calculated on the principle
preference shares
lease
simple interest
the two methods calculators use to process information
16. Deciding if its worth the risk
personal property
minimum
sensitivity analysis
sales commission
17. Per annum - yearly
trade discount
p.a.
multi modal
residual value
18. Interest is paid once a year
the four helpful calculating tools
the two main types of shares
percent
compounded annually
19. The lowest number in a group of data
balance sheet
compounded sem-annually
the two types of interest
minimum
20. Things you own
sample
range
compounded sem-annually
assets
21. used when the each piece of data has more than one component
weighted average
loan
cash discounts
maximum
22. A percentage discount for buyers associated with the products being sold
lessor
sales commission
trade discount
front-loaded
23. The info collected from a survey and the figures generated through statistical analysis
lessee
cash flow
data
personal property
24. Security for a loan
median
invoice
collateral
real property
25. The process of repossessing and selling the real or personal property when the borrower has defaulted
data
foreclosure
loan
capital cost allowance
26. Shows the assets - liabilities and financial position of the company
constant
balance sheet
the three items that may have to be subracted from the gross return figure when calculating net return
weighted average
27. Property other than real estate (often called a chattel mortgage)
medium risk investment
balance sheet
compounded monthly
personal property
28. Investing in a well-established company
conventional mortgage
collateral
medium risk investment
lease
29. loans to companies or goverments (no voting rights)
bonds
extention
assets
conventional mortgage
30. Interest is paid twelve times a year
multiplicand
real property
compounded monthly
liabilities
31. Part ownership in a company
maximum
shares
multiplier
minimum
32. The number to be divided by
common shares
dividend
collateral
invoice
33. The most frequently occuring value in a group of data
medium risk investment
mode
special discounts
compounded monthly
34. The money paid to an employee based on a percentage of their sales
front-loaded
bottom line figures
ratio
sales commission
35. The final figures
per diem
bonds
cash discounts
bottom line figures
36. A series of discounts
chain discounts
complete enumeration survey
proportion
statistic
37. Number calculated from population data
minimum
median
parameter
collateral
38. you may get a large return or get nothing
sales commission
the two main types of shares
constant
high risk investment
39. When two ratios are equal
overtime
extention
investment
proportion
40. Costs that remain constant
overtime
high risk investment
fixed costs
money factor
41. The difference between the highest and lowest numbers in a set of data
range
break even point
mortgagor
medium risk investment
42. A percentage discount to customers
dividend
population
bonds
special discounts
43. The amount of money borrowed is between 75% - 95% of the purchase price
sensitivity analysis
range
high-ratio mortgage
assets
44. The number you are dividing by
p.a.
bonds
divisor
compounded sem-annually
45. Algebraic - arithmetic
multiplier
lessor
investment
the two methods calculators use to process information
46. A decimal figure when x by 2400 gives an approximate annual interest rate
multiplicand
lessee
money factor
constant
47. A complete set of individuals - objects or scores being studied
median
percent
mean
population
48. Paid dividends after the preference shares have been paid
the two types of interest
conventional mortgage
common shares
chain discounts
49. Money earned on an investment or paid on a loan
interest
preference shares
capital cost allowance
mortgagor
50. The unexpected variablility of returns
divisor
mean
cross-footing
risk