SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. The total of units multiplied by the price
residual value
price earnings ratios
interest
extention
2. Paid dividends after the preference shares have been paid
common shares
the two types of interest
foreclosure
sales commission
3. The difference between the highest and lowest numbers in a set of data
ratio
lessee
range
cross-footing
4. Something that is expected to return a profit
p.a.
term
weighted average
investment
5. The borrower
assets
medium risk investment
mortgagor
minimum
6. The unexpected variablility of returns
fractions
complete enumeration survey
risk
shares
7. Amounts of money you owe
maximum
default
liabilities
cash discounts
8. Interest is paid 365 times a year
fixed costs
compounded daily
interest
foreclosure
9. The depreciation of an asset as an expense
capital cost allowance
assets
sales commission
bottom line figures
10. Simple and compound
median
the two types of interest
amortization period
price earnings ratios
11. Adding columns of figures horizontally and vertically to check that the totals agree
sample
cross-footing
simple interest
interest
12. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
compounded daily
preference shares
compounded annually
13. Interest is paid twice a year
amortization period
proportion
fixed costs
compounded sem-annually
14. The final figures
variable costs
retired or amortized
bottom line figures
income statement
15. The length of time until the debt is zero
amortization period
break even point
mortgage
trade discount
16. Per day
multiplicand
maximum
data
per diem
17. real estate (houses - condos - warehouses - factories - etc)
dividend
minimum
lessee
real property
18. More than one frequently occuring value in a group of data
dividend
variable costs
medium risk investment
multi modal
19. used when the each piece of data has more than one component
weighted average
price earnings ratios
sample
the two types of interest
20. A number calculated from sample data
liabilities
statistic
interest
bonds
21. Interest calculated on the principle
term
interest
simple interest
lessor
22. The person paying to borrow property for a certain amount of time for payments
lessee
p.a.
extention
proportion
23. A percentage discount for buyers associated with the products being sold
trade discount
price earnings ratios
cash discounts
low risk investment
24. A complete set of individuals - objects or scores being studied
investment
percent
shares
population
25. The point where income and expenses intersect (no loss or profit)
compounded daily
compounded annually
retired or amortized
break even point
26. Costs that remain constant
amortization period
compounded quarterly
fixed costs
sample
27. loans to companies or goverments (no voting rights)
mean
minimum
amortization period
bonds
28. The first number
multiplicand
proportion
bonds
per diem
29. When two ratios are equal
proportion
ratio
common shares
data
30. Shows the assets - liabilities and financial position of the company
complete enumeration survey
balance sheet
risk
retired or amortized
31. The amount of money borrowed is less than 75% of the purchase price
trade discount
per diem
loan
conventional mortgage
32. An item of data that has a different value at different times
mortgagee
compounded interest
variable
compounded monthly
33. The number you are multipliying by
multiplier
compounded sem-annually
break even point
bonds
34. A portion of the population being studied
collateral
front-loaded
sample
loan
35. A series of discounts
statistic
population
compounded quarterly
chain discounts
36. A percentage discount to customers
extention
special discounts
default
capital cost allowance
37. Where info is collected for every unit of the population
complete enumeration survey
fractions
median
ratio
38. The number you are dividing by
fractions
sample
dividend
divisor
39. (simple average) adding the group of items and dividing by the total number of items
variable costs
mean
parameter
preference shares
40. Money earned on an investment or paid on a loan
risk
personal property
interest
preference shares
41. A contract giving someone the right to use something for a certain length of time
high-ratio mortgage
lease
amortization period
fractions
42. A chart that shows the balance of the mortgage after each amortization period
p.a.
divisor
real property
amortization schedule
43. Part ownership in a company
fractions
shares
lease
the two main types of shares
44. Indicators of the confidence investors have in a company (the higher the better)
compounded monthly
price earnings ratios
amortization schedule
collateral
45. The most frequently occuring value in a group of data
medium risk investment
foreign currency exchange
mode
cash discounts
46. Property other than real estate (often called a chattel mortgage)
medium risk investment
personal property
multi modal
variable costs
47. The lowest number in a group of data
investment
assets
variable
minimum
48. Things you own
overtime
assets
fixed costs
mortgagee
49. A comparison of two numbers
assets
interest
capital cost allowance
ratio
50. 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
mortgagee
capital cost allowance
amortization period