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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. you may get a large return or get nothing
medium risk investment
high risk investment
money factor
percent
2. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
preference shares
break even point
lessor
3. When two ratios are equal
proportion
bottom line figures
front-loaded
medium risk investment
4. A rate that one currency can be exchanged for another
lessor
foreign currency exchange
price earnings ratios
weighted average
5. Where info is collected for every unit of the population
preference shares
cross-footing
complete enumeration survey
range
6. real estate (houses - condos - warehouses - factories - etc)
population
real property
net capitalized cost
divisor
7. Amounts of money you owe
weighted average
compounded interest
liabilities
maximum
8. The amount of money borrowed is between 75% - 95% of the purchase price
invoice
high-ratio mortgage
net capitalized cost
the four helpful calculating tools
9. A loan
break even point
high risk investment
mortgage
shares
10. The unexpected variablility of returns
interest
risk
the two main types of shares
medium risk investment
11. Indicators of the confidence investors have in a company (the higher the better)
mean
price earnings ratios
assets
money factor
12. The length of time until the debt is zero
amortization period
overtime
cross-footing
high-ratio mortgage
13. The number you are dividing by
lessee
sensitivity analysis
collateral
divisor
14. The highest number in a group of data
conventional mortgage
preference shares
maximum
complete enumeration survey
15. The person paying to borrow property for a certain amount of time for payments
complete enumeration survey
retired or amortized
lessee
per diem
16. Costs that fluctuate
investment
variable costs
amortization schedule
fractions
17. The borrower
foreign currency exchange
range
the four helpful calculating tools
mortgagor
18. loans to companies or goverments (no voting rights)
bonds
sensitivity analysis
risk
medium risk investment
19. The number you are multipliying by
net capitalized cost
weighted average
multiplier
percent
20. More than one frequently occuring value in a group of data
variable
multi modal
high risk investment
mortgagee
21. The lowest number in a group of data
minimum
the two main types of shares
special discounts
lease
22. Paid in full
shares
retired or amortized
fixed costs
divisor
23. Provide a specific dividend that is paid before any dividends are paid to common stock holders
lessee
special discounts
amortization schedule
preference shares
24. Interest is paid 365 times a year
compounded daily
constant
sales commission
mortgagor
25. Shows the assets - liabilities and financial position of the company
balance sheet
percent
mean
mortgage
26. Money earned on an investment or paid on a loan
front-loaded
foreign currency exchange
interest
preference shares
27. A comparison of two numbers
ratio
collateral
variable
net capitalized cost
28. The final figures
bottom line figures
amortization schedule
simple interest
mortgagor
29. Interest is paid twice a year
mode
cross-footing
compounded sem-annually
amortization schedule
30. Simple and compound
simple interest
amortization schedule
the two types of interest
compounded sem-annually
31. The amount the property is worth at the end of the lease
dividend
the four helpful calculating tools
residual value
fixed costs
32. The lender
overtime
personal property
mortgagee
range
33. Part ownership in a company
high risk investment
variable costs
common shares
shares
34. Non-payment
default
mortgagee
fixed costs
population
35. Investing in a well-established company
balance sheet
foreign currency exchange
medium risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
36. used when the each piece of data has more than one component
the two types of interest
weighted average
variable costs
balance sheet
37. The amount of money borrowed is less than 75% of the purchase price
investment
conventional mortgage
sample
liabilities
38. A series of discounts
residual value
retired or amortized
the two main types of shares
chain discounts
39. A complete set of individuals - objects or scores being studied
fixed costs
preference shares
income statement
population
40. (simple average) adding the group of items and dividing by the total number of items
liabilities
mean
variable
break even point
41. Preference and common
the two main types of shares
amortization period
the two methods calculators use to process information
p.a.
42. A bill
cash flow
foreclosure
invoice
constant
43. Discounts offered to encourage customers to pay their bills on time
invoice
mean
cash discounts
compounded monthly
44. An item of data that has a different value at different times
constant
extention
income statement
variable
45. The most frequently occuring value in a group of data
net capitalized cost
ratio
mode
simple interest
46. Time worked beyond the established working hours
term
overtime
mortgage
sample
47. Per day
bottom line figures
compounded annually
risk
per diem
48. Per annum - yearly
p.a.
proportion
sample
compounded daily
49. Shows the money coming in and expenses for a certain period of time.
income statement
mean
compounded monthly
foreclosure
50. The info collected from a survey and the figures generated through statistical analysis
lessor
compounded quarterly
data
real property