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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. Investing in a well-established company
medium risk investment
per diem
risk
dividend
2. A percentage discount to customers
mode
special discounts
dividend
price earnings ratios
3. A decimal figure when x by 2400 gives an approximate annual interest rate
overtime
money factor
interest
liabilities
4. Per annum - yearly
mortgagee
mode
break even point
p.a.
5. Amounts of money you owe
lessor
residual value
liabilities
retired or amortized
6. The amount of money borrowed is between 75% - 95% of the purchase price
overtime
weighted average
medium risk investment
high-ratio mortgage
7. Number calculated from population data
medium risk investment
the two types of interest
parameter
compounded interest
8. A percentage discount for buyers associated with the products being sold
trade discount
compounded daily
risk
sample
9. The number you are dividing by
income statement
divisor
the three items that may have to be subracted from the gross return figure when calculating net return
ratio
10. Money earned on an investment or paid on a loan
sensitivity analysis
interest
dividend
amortization schedule
11. The highest number in a group of data
amortization schedule
maximum
shares
range
12. Interest calculated on the principal plus any accumulated interest
front-loaded
compounded interest
ratio
amortization period
13. Interest is paid 365 times a year
compounded daily
the two methods calculators use to process information
money factor
lease
14. The depreciation of an asset as an expense
divisor
capital cost allowance
foreign currency exchange
the four helpful calculating tools
15. A number calculated from sample data
statistic
default
dividend
trade discount
16. loans to companies or goverments (no voting rights)
capital cost allowance
divisor
bonds
p.a.
17. Provide a specific dividend that is paid before any dividends are paid to common stock holders
statistic
preference shares
median
amortization period
18. The unexpected variablility of returns
high risk investment
invoice
capital cost allowance
risk
19. Deciding if its worth the risk
the two types of interest
sensitivity analysis
trade discount
variable
20. Interest calculated on the principle
invoice
simple interest
price earnings ratios
variable costs
21. The info collected from a survey and the figures generated through statistical analysis
data
special discounts
preference shares
money factor
22. A bill
invoice
price earnings ratios
bottom line figures
sensitivity analysis
23. Security for a loan
retired or amortized
amortization period
real property
collateral
24. The most frequently occuring value in a group of data
collateral
mode
balance sheet
lessor
25. Preference and common
term
overtime
population
the two main types of shares
26. A rate that one currency can be exchanged for another
foreign currency exchange
divisor
fractions
variable
27. Paid dividends after the preference shares have been paid
range
bottom line figures
sensitivity analysis
common shares
28. 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
collateral
capital cost allowance
special discounts
29. Amount of money coming in and going out of your business monthly
high-ratio mortgage
term
proportion
cash flow
30. The score that falls in the middle
median
per diem
range
statistic
31. The money paid to an employee based on a percentage of their sales
mortgagor
lessor
parameter
sales commission
32. More than one frequently occuring value in a group of data
the two types of interest
multi modal
compounded monthly
lessee
33. (simple average) adding the group of items and dividing by the total number of items
personal property
mean
chain discounts
lessor
34. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
the two types of interest
invoice
ratio
35. Part ownership in a company
constant
investment
shares
data
36. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
minimum
special discounts
cash discounts
37. Non-payment
overtime
compounded quarterly
default
income statement
38. The owner of the property
foreign currency exchange
lessor
shares
complete enumeration survey
39. Adding columns of figures horizontally and vertically to check that the totals agree
percent
investment
the three items that may have to be subracted from the gross return figure when calculating net return
cross-footing
40. used when the each piece of data has more than one component
preference shares
the two methods calculators use to process information
weighted average
lessor
41. A contract giving someone the right to use something for a certain length of time
lease
the four helpful calculating tools
compounded annually
high-ratio mortgage
42. The price after any down-payment or trade-in
cash discounts
net capitalized cost
percent
sales commission
43. Interest is paid twice a year
the two main types of shares
common shares
population
compounded sem-annually
44. Shows the assets - liabilities and financial position of the company
cash flow
weighted average
balance sheet
maximum
45. A complete set of individuals - objects or scores being studied
variable
median
population
common shares
46. When two ratios are equal
break even point
proportion
statistic
p.a.
47. Interest is paid once a year
foreclosure
residual value
capital cost allowance
compounded annually
48. A portion of the population being studied
loan
sample
lease
weighted average
49. Costs that remain constant
bottom line figures
bonds
fixed costs
the three items that may have to be subracted from the gross return figure when calculating net return
50. Shows the money coming in and expenses for a certain period of time.
assets
compounded monthly
p.a.
income statement
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