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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
data
variable
compounded interest
medium risk investment
2. The point where income and expenses intersect (no loss or profit)
the two types of interest
capital cost allowance
break even point
ratio
3. Part ownership in a company
balance sheet
collateral
mortgagee
shares
4. The majority of the early payments go toward paying the interest on the loan
front-loaded
fixed costs
population
median
5. Interest is paid twice a year
money factor
compounded sem-annually
liabilities
range
6. you may get a large return or get nothing
per diem
lease
high risk investment
real property
7. The final figures
bottom line figures
statistic
divisor
fixed costs
8. Provide a specific dividend that is paid before any dividends are paid to common stock holders
percent
preference shares
investment
residual value
9. Money given to someone on condition the person will return the money and interest by a specific date
loan
maximum
per diem
fixed costs
10. used when the each piece of data has more than one component
compounded monthly
multiplicand
amortization schedule
weighted average
11. Commission fee - inflation rate - capital gains tax
compounded sem-annually
mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
personal property
12. A bill
p.a.
residual value
invoice
lease
13. A portion of the population being studied
high risk investment
divisor
chain discounts
sample
14. Non-payment
liabilities
default
cross-footing
median
15. Share of the profits of a company
percent
compounded monthly
dividend
median
16. The number you are dividing by
divisor
proportion
the two types of interest
real property
17. Things you own
sensitivity analysis
compounded daily
mean
assets
18. The borrower
residual value
compounded sem-annually
loan
mortgagor
19. Paid in full
price earnings ratios
common shares
retired or amortized
percent
20. An item of data the stays the same
complete enumeration survey
constant
bottom line figures
shares
21. The owner of the property
mode
lessor
variable costs
minimum
22. electronic - portable (pocket) - computer - spreadsheets
common shares
per diem
the four helpful calculating tools
conventional mortgage
23. The number to be divided by
trade discount
dividend
risk
parameter
24. The total of units multiplied by the price
extention
median
lessor
term
25. The highest number in a group of data
range
maximum
population
bottom line figures
26. The depreciation of an asset as an expense
lessor
mode
capital cost allowance
p.a.
27. Interest is paid twelve times a year
compounded monthly
weighted average
sales commission
the two types of interest
28. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
conventional mortgage
sensitivity analysis
preference shares
29. Per annum - yearly
the two types of interest
term
net capitalized cost
p.a.
30. Property other than real estate (often called a chattel mortgage)
personal property
the two main types of shares
liabilities
income statement
31. The number you are multipliying by
high risk investment
shares
compounded monthly
multiplier
32. The info collected from a survey and the figures generated through statistical analysis
proportion
multiplier
data
risk
33. Simple and compound
variable costs
foreclosure
the two types of interest
mortgage
34. The lender
mortgagee
ratio
investment
interest
35. Indicators of the confidence investors have in a company (the higher the better)
extention
investment
price earnings ratios
the two main types of shares
36. Deciding if its worth the risk
percent
overtime
proportion
sensitivity analysis
37. Security for a loan
range
complete enumeration survey
multi modal
collateral
38. real estate (houses - condos - warehouses - factories - etc)
real property
front-loaded
compounded daily
lessee
39. Costs that remain constant
sensitivity analysis
fixed costs
statistic
proportion
40. A series of discounts
money factor
percent
data
chain discounts
41. A comparison of two numbers
assets
ratio
special discounts
percent
42. The difference between the highest and lowest numbers in a set of data
mean
price earnings ratios
range
dividend
43. A chart that shows the balance of the mortgage after each amortization period
special discounts
amortization schedule
high-ratio mortgage
chain discounts
44. The length of time until the debt is zero
common shares
amortization period
trade discount
range
45. A percentage discount to customers
sample
net capitalized cost
fractions
special discounts
46. of one hundred
assets
percent
real property
fixed costs
47. (simple average) adding the group of items and dividing by the total number of items
mean
investment
the two types of interest
compounded quarterly
48. The price after any down-payment or trade-in
cross-footing
mode
net capitalized cost
multiplicand
49. Paid dividends after the preference shares have been paid
complete enumeration survey
residual value
risk
common shares
50. Interest is paid four times a year
amortization schedule
extention
retired or amortized
compounded quarterly