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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. The borrower
low risk investment
amortization period
mortgagor
preference shares
2. A number calculated from sample data
dividend
statistic
trade discount
mode
3. The difference between the highest and lowest numbers in a set of data
multi modal
range
special discounts
simple interest
4. The interest amount is small - but you are guaranteed to get something
cash discounts
proportion
low risk investment
statistic
5. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
mean
balance sheet
investment
6. Shows the assets - liabilities and financial position of the company
compounded monthly
balance sheet
assets
retired or amortized
7. Interest is paid 365 times a year
statistic
compounded daily
low risk investment
default
8. A contract giving someone the right to use something for a certain length of time
high-ratio mortgage
lease
residual value
cash discounts
9. A portion of the population being studied
overtime
amortization schedule
special discounts
sample
10. loans to companies or goverments (no voting rights)
chain discounts
complete enumeration survey
cash discounts
bonds
11. The point where income and expenses intersect (no loss or profit)
break even point
extention
medium risk investment
balance sheet
12. Interest is paid twelve times a year
compounded sem-annually
dividend
compounded monthly
compounded daily
13. Algebraic - arithmetic
dividend
sensitivity analysis
the two methods calculators use to process information
sample
14. The final figures
parameter
shares
bottom line figures
compounded sem-annually
15. electronic - portable (pocket) - computer - spreadsheets
interest
balance sheet
cross-footing
the four helpful calculating tools
16. The number you are dividing by
range
cash discounts
assets
divisor
17. Security for a loan
net capitalized cost
variable
cash flow
collateral
18. (simple average) adding the group of items and dividing by the total number of items
mode
sensitivity analysis
overtime
mean
19. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
ratio
range
break even point
20. Discounts offered to encourage customers to pay their bills on time
compounded annually
cash discounts
extention
residual value
21. The length of time until the debt is zero
amortization period
compounded interest
median
variable
22. Amounts of money you owe
residual value
capital cost allowance
weighted average
liabilities
23. Simple and compound
lessor
mortgagor
compounded daily
the two types of interest
24. Preference and common
complete enumeration survey
minimum
the two main types of shares
the four helpful calculating tools
25. Money earned on an investment or paid on a loan
sample
high risk investment
balance sheet
interest
26. Paid dividends after the preference shares have been paid
interest
proportion
conventional mortgage
common shares
27. When two ratios are equal
proportion
sensitivity analysis
break even point
real property
28. of one hundred
chain discounts
fixed costs
liabilities
percent
29. Parts of a whole number
divisor
liabilities
fractions
data
30. Part ownership in a company
median
bonds
special discounts
shares
31. The depreciation of an asset as an expense
capital cost allowance
collateral
ratio
cross-footing
32. A comparison of two numbers
the two methods calculators use to process information
dividend
ratio
compounded sem-annually
33. Commission fee - inflation rate - capital gains tax
minimum
the three items that may have to be subracted from the gross return figure when calculating net return
lessor
investment
34. A series of discounts
complete enumeration survey
chain discounts
balance sheet
data
35. The highest number in a group of data
maximum
sample
mode
special discounts
36. Paid in full
income statement
retired or amortized
price earnings ratios
interest
37. Money given to someone on condition the person will return the money and interest by a specific date
loan
the two types of interest
multi modal
income statement
38. The unexpected variablility of returns
compounded monthly
multiplier
the two methods calculators use to process information
risk
39. The first number
multiplicand
the two types of interest
mortgagor
statistic
40. The number you are multipliying by
maximum
shares
capital cost allowance
multiplier
41. Deciding if its worth the risk
sensitivity analysis
per diem
constant
lessor
42. Interest calculated on the principle
foreclosure
simple interest
overtime
loan
43. Per annum - yearly
lessee
percent
variable
p.a.
44. The owner of the property
variable costs
lessor
high-ratio mortgage
assets
45. Interest is paid twice a year
the two types of interest
compounded sem-annually
amortization schedule
multiplicand
46. More than one frequently occuring value in a group of data
common shares
multi modal
data
percent
47. Interest is paid four times a year
data
variable
compounded quarterly
the two main types of shares
48. The price after any down-payment or trade-in
residual value
mean
net capitalized cost
percent
49. A loan
sample
mortgage
shares
sales commission
50. Interest calculated on the principal plus any accumulated interest
compounded interest
mode
percent
minimum
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