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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Part ownership in a company
percent
shares
mortgage
liabilities
2. Deciding if its worth the risk
mean
low risk investment
sensitivity analysis
the two main types of shares
3. of one hundred
percent
the two main types of shares
liabilities
term
4. Interest is paid once a year
term
conventional mortgage
capital cost allowance
compounded annually
5. Interest is paid twice a year
retired or amortized
mean
special discounts
compounded sem-annually
6. Per day
per diem
lessor
cash flow
amortization schedule
7. The person paying to borrow property for a certain amount of time for payments
amortization period
range
lessee
cash flow
8. Money given to someone on condition the person will return the money and interest by a specific date
constant
per diem
loan
interest
9. real estate (houses - condos - warehouses - factories - etc)
lessor
real property
proportion
investment
10. The amount of money borrowed is between 75% - 95% of the purchase price
compounded annually
liabilities
lease
high-ratio mortgage
11. Per annum - yearly
minimum
complete enumeration survey
the two types of interest
p.a.
12. Money earned on an investment or paid on a loan
mortgagee
dividend
real property
interest
13. used when the each piece of data has more than one component
weighted average
sensitivity analysis
maximum
retired or amortized
14. Interest is paid four times a year
compounded quarterly
extention
median
money factor
15. The borrower
mortgagor
invoice
lease
residual value
16. The depreciation of an asset as an expense
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
cash flow
lessee
17. A chart that shows the balance of the mortgage after each amortization period
p.a.
amortization schedule
bottom line figures
the two methods calculators use to process information
18. Interest is paid 365 times a year
term
the two types of interest
compounded daily
interest
19. The amount of money borrowed is less than 75% of the purchase price
loan
conventional mortgage
bonds
income statement
20. The money paid to an employee based on a percentage of their sales
multi modal
maximum
sales commission
amortization schedule
21. Interest calculated on the principal plus any accumulated interest
compounded monthly
compounded interest
median
foreclosure
22. The total of units multiplied by the price
sample
residual value
extention
assets
23. you may get a large return or get nothing
price earnings ratios
dividend
high risk investment
income statement
24. Property other than real estate (often called a chattel mortgage)
personal property
p.a.
dividend
mortgagor
25. Interest calculated on the principle
trade discount
per diem
personal property
simple interest
26. Non-payment
compounded monthly
capital cost allowance
default
chain discounts
27. A comparison of two numbers
ratio
invoice
break even point
percent
28. The amount the property is worth at the end of the lease
divisor
the two main types of shares
sample
residual value
29. Investing in a well-established company
capital cost allowance
medium risk investment
lessee
the four helpful calculating tools
30. The number to be divided by
mode
dividend
invoice
sample
31. Commission fee - inflation rate - capital gains tax
the two types of interest
the three items that may have to be subracted from the gross return figure when calculating net return
cash discounts
lessor
32. The lowest number in a group of data
the two types of interest
amortization period
minimum
weighted average
33. Security for a loan
collateral
cash flow
constant
the two methods calculators use to process information
34. Amount of money coming in and going out of your business monthly
low risk investment
mode
constant
cash flow
35. Interest is paid twelve times a year
compounded interest
compounded monthly
invoice
net capitalized cost
36. Costs that remain constant
parameter
fixed costs
compounded interest
data
37. A loan
mortgage
multiplier
shares
foreclosure
38. Things you own
assets
dividend
statistic
chain discounts
39. A complete set of individuals - objects or scores being studied
interest
divisor
population
foreclosure
40. Time worked beyond the established working hours
cross-footing
multi modal
overtime
sensitivity analysis
41. Indicators of the confidence investors have in a company (the higher the better)
percent
amortization period
invoice
price earnings ratios
42. A percentage discount to customers
compounded monthly
lease
cash flow
special discounts
43. Amounts of money you owe
compounded quarterly
liabilities
lease
parameter
44. The process of repossessing and selling the real or personal property when the borrower has defaulted
front-loaded
cross-footing
foreclosure
amortization period
45. The lender
residual value
shares
mortgagee
proportion
46. The majority of the early payments go toward paying the interest on the loan
dividend
compounded monthly
front-loaded
parameter
47. The number you are dividing by
compounded annually
bonds
divisor
extention
48. The interest amount is small - but you are guaranteed to get something
foreclosure
low risk investment
complete enumeration survey
variable costs
49. A decimal figure when x by 2400 gives an approximate annual interest rate
compounded interest
shares
money factor
dividend
50. Parts of a whole number
mortgagor
sensitivity analysis
invoice
fractions
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