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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 majority of the early payments go toward paying the interest on the loan
minimum
loan
risk
front-loaded
2. The borrower
capital cost allowance
investment
amortization period
mortgagor
3. The difference between the highest and lowest numbers in a set of data
compounded daily
range
preference shares
fractions
4. A percentage discount to customers
preference shares
per diem
complete enumeration survey
special discounts
5. Adding columns of figures horizontally and vertically to check that the totals agree
interest
conventional mortgage
cross-footing
proportion
6. The amount the property is worth at the end of the lease
residual value
fractions
maximum
proportion
7. A number calculated from sample data
lease
assets
statistic
real property
8. The interest amount is small - but you are guaranteed to get something
low risk investment
retired or amortized
high-ratio mortgage
price earnings ratios
9. Interest calculated on the principle
simple interest
the two main types of shares
collateral
multi modal
10. you may get a large return or get nothing
high risk investment
invoice
mean
cash discounts
11. The final figures
bottom line figures
conventional mortgage
amortization schedule
overtime
12. A contract giving someone the right to use something for a certain length of time
lease
percent
range
invoice
13. Per annum - yearly
p.a.
sample
statistic
compounded sem-annually
14. Amount of money coming in and going out of your business monthly
cash flow
net capitalized cost
ratio
fractions
15. of one hundred
percent
residual value
balance sheet
the two methods calculators use to process information
16. A loan
the two types of interest
price earnings ratios
compounded annually
mortgage
17. Share of the profits of a company
compounded daily
statistic
dividend
overtime
18. When two ratios are equal
proportion
shares
investment
collateral
19. The person paying to borrow property for a certain amount of time for payments
mortgagee
lessee
trade discount
compounded daily
20. The highest number in a group of data
variable costs
extention
maximum
compounded monthly
21. Shows the assets - liabilities and financial position of the company
foreign currency exchange
the four helpful calculating tools
balance sheet
high risk investment
22. The length of the loan
term
dividend
complete enumeration survey
low risk investment
23. Time worked beyond the established working hours
range
overtime
fractions
compounded monthly
24. Investing in a well-established company
cash discounts
medium risk investment
compounded interest
data
25. The info collected from a survey and the figures generated through statistical analysis
compounded sem-annually
data
ratio
chain discounts
26. The number you are multipliying by
variable
common shares
cross-footing
multiplier
27. real estate (houses - condos - warehouses - factories - etc)
real property
lessee
minimum
break even point
28. Money earned on an investment or paid on a loan
variable
maximum
compounded sem-annually
interest
29. Where info is collected for every unit of the population
low risk investment
shares
complete enumeration survey
interest
30. Property other than real estate (often called a chattel mortgage)
conventional mortgage
statistic
personal property
residual value
31. The total of units multiplied by the price
liabilities
bonds
extention
median
32. Interest calculated on the principal plus any accumulated interest
mortgage
balance sheet
compounded interest
the four helpful calculating tools
33. The number to be divided by
dividend
cash discounts
proportion
variable costs
34. The first number
multiplicand
mortgagor
cash discounts
variable
35. The depreciation of an asset as an expense
mortgagor
bonds
compounded annually
capital cost allowance
36. A series of discounts
personal property
the two main types of shares
chain discounts
net capitalized cost
37. The point where income and expenses intersect (no loss or profit)
foreclosure
retired or amortized
high-ratio mortgage
break even point
38. Simple and compound
income statement
multi modal
population
the two types of interest
39. loans to companies or goverments (no voting rights)
investment
cash flow
the two methods calculators use to process information
bonds
40. used when the each piece of data has more than one component
price earnings ratios
median
the two types of interest
weighted average
41. The most frequently occuring value in a group of data
sensitivity analysis
loan
mortgage
mode
42. The price after any down-payment or trade-in
net capitalized cost
cash discounts
compounded annually
default
43. Part ownership in a company
cash discounts
shares
mortgagee
foreign currency exchange
44. Interest is paid once a year
compounded annually
compounded interest
medium risk investment
lessee
45. Paid dividends after the preference shares have been paid
high-ratio mortgage
variable
cash discounts
common shares
46. Indicators of the confidence investors have in a company (the higher the better)
residual value
amortization period
price earnings ratios
capital cost allowance
47. Things you own
proportion
residual value
assets
fractions
48. Paid in full
shares
preference shares
retired or amortized
mean
49. Amounts of money you owe
mortgage
high-ratio mortgage
liabilities
mortgagor
50. Shows the money coming in and expenses for a certain period of time.
income statement
dividend
statistic
liabilities