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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. Per annum - yearly
p.a.
cross-footing
low risk investment
foreign currency exchange
2. Costs that fluctuate
foreign currency exchange
variable costs
constant
overtime
3. Paid dividends after the preference shares have been paid
common shares
proportion
multiplicand
preference shares
4. The amount the property is worth at the end of the lease
residual value
conventional mortgage
median
shares
5. Property other than real estate (often called a chattel mortgage)
high risk investment
median
personal property
investment
6. The majority of the early payments go toward paying the interest on the loan
balance sheet
collateral
term
front-loaded
7. The score that falls in the middle
dividend
mortgage
median
foreclosure
8. The unexpected variablility of returns
risk
compounded interest
investment
overtime
9. Amount of money coming in and going out of your business monthly
amortization period
cash flow
mean
constant
10. Interest is paid 365 times a year
compounded daily
high-ratio mortgage
variable
net capitalized cost
11. The highest number in a group of data
multiplicand
maximum
compounded monthly
sensitivity analysis
12. Things you own
interest
percent
liabilities
assets
13. The process of repossessing and selling the real or personal property when the borrower has defaulted
the four helpful calculating tools
investment
sensitivity analysis
foreclosure
14. Interest is paid twice a year
compounded sem-annually
loan
constant
complete enumeration survey
15. Interest calculated on the principal plus any accumulated interest
cash discounts
compounded interest
assets
loan
16. When two ratios are equal
range
proportion
mortgagee
chain discounts
17. A bill
overtime
median
invoice
range
18. The total of units multiplied by the price
range
medium risk investment
extention
lessee
19. A comparison of two numbers
percent
proportion
multiplicand
ratio
20. Deciding if its worth the risk
the three items that may have to be subracted from the gross return figure when calculating net return
sensitivity analysis
income statement
invoice
21. Investing in a well-established company
compounded quarterly
compounded monthly
fixed costs
medium risk investment
22. Shows the money coming in and expenses for a certain period of time.
high-ratio mortgage
income statement
default
price earnings ratios
23. A loan
mortgage
residual value
bottom line figures
income statement
24. Number calculated from population data
parameter
bonds
compounded sem-annually
data
25. The point where income and expenses intersect (no loss or profit)
break even point
risk
sample
the two methods calculators use to process information
26. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
overtime
dividend
foreclosure
27. Commission fee - inflation rate - capital gains tax
constant
fixed costs
chain discounts
the three items that may have to be subracted from the gross return figure when calculating net return
28. A number calculated from sample data
statistic
conventional mortgage
lessee
liabilities
29. The lender
liabilities
mortgagee
compounded daily
residual value
30. The number to be divided by
break even point
population
overtime
dividend
31. you may get a large return or get nothing
per diem
sensitivity analysis
balance sheet
high risk investment
32. The amount of money borrowed is less than 75% of the purchase price
balance sheet
conventional mortgage
proportion
shares
33. of one hundred
mode
preference shares
simple interest
percent
34. Amounts of money you owe
liabilities
shares
the three items that may have to be subracted from the gross return figure when calculating net return
maximum
35. A contract giving someone the right to use something for a certain length of time
lease
mortgagee
low risk investment
overtime
36. The first number
risk
dividend
multiplicand
shares
37. Costs that remain constant
liabilities
maximum
mortgage
fixed costs
38. Share of the profits of a company
dividend
interest
the four helpful calculating tools
compounded sem-annually
39. The info collected from a survey and the figures generated through statistical analysis
compounded interest
assets
multiplier
data
40. The lowest number in a group of data
compounded sem-annually
chain discounts
mortgagee
minimum
41. A percentage discount for buyers associated with the products being sold
trade discount
mean
cross-footing
retired or amortized
42. A percentage discount to customers
fractions
balance sheet
special discounts
multiplicand
43. The borrower
balance sheet
cash flow
sample
mortgagor
44. An item of data the stays the same
constant
mode
residual value
simple interest
45. Parts of a whole number
divisor
fractions
bottom line figures
amortization schedule
46. Money earned on an investment or paid on a loan
real property
interest
multiplier
conventional mortgage
47. real estate (houses - condos - warehouses - factories - etc)
real property
mean
residual value
constant
48. The person paying to borrow property for a certain amount of time for payments
amortization schedule
lessee
simple interest
dividend
49. Interest is paid four times a year
the two types of interest
amortization schedule
compounded quarterly
high-ratio mortgage
50. The interest amount is small - but you are guaranteed to get something
parameter
the four helpful calculating tools
low risk investment
range
Can you answer 50 questions in 15 minutes?
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