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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. Things you own
assets
variable costs
loan
income statement
2. electronic - portable (pocket) - computer - spreadsheets
multiplicand
lessor
the four helpful calculating tools
fractions
3. Interest is paid twice a year
compounded sem-annually
compounded annually
high risk investment
lessor
4. Non-payment
sample
default
amortization schedule
bottom line figures
5. Amount of money coming in and going out of your business monthly
lease
mode
compounded interest
cash flow
6. Investing in a well-established company
high risk investment
medium risk investment
the four helpful calculating tools
p.a.
7. Property other than real estate (often called a chattel mortgage)
multi modal
foreclosure
foreign currency exchange
personal property
8. Security for a loan
the two main types of shares
parameter
collateral
variable
9. The money paid to an employee based on a percentage of their sales
sales commission
interest
mode
break even point
10. used when the each piece of data has more than one component
conventional mortgage
weighted average
complete enumeration survey
range
11. The point where income and expenses intersect (no loss or profit)
retired or amortized
the two types of interest
break even point
p.a.
12. The owner of the property
special discounts
proportion
mortgagor
lessor
13. Indicators of the confidence investors have in a company (the higher the better)
real property
minimum
constant
price earnings ratios
14. loans to companies or goverments (no voting rights)
constant
extention
bonds
bottom line figures
15. Deciding if its worth the risk
sensitivity analysis
multiplicand
population
percent
16. Interest is paid 365 times a year
fixed costs
mortgagor
compounded daily
bonds
17. The highest number in a group of data
maximum
compounded interest
p.a.
data
18. Simple and compound
fractions
the two types of interest
sensitivity analysis
compounded sem-annually
19. Money given to someone on condition the person will return the money and interest by a specific date
price earnings ratios
investment
loan
the four helpful calculating tools
20. Paid in full
retired or amortized
percent
break even point
simple interest
21. of one hundred
multi modal
percent
liabilities
divisor
22. The unexpected variablility of returns
risk
loan
foreign currency exchange
proportion
23. A contract giving someone the right to use something for a certain length of time
multi modal
net capitalized cost
lease
foreclosure
24. real estate (houses - condos - warehouses - factories - etc)
complete enumeration survey
special discounts
real property
foreclosure
25. Where info is collected for every unit of the population
complete enumeration survey
low risk investment
cash discounts
loan
26. An item of data the stays the same
lessor
medium risk investment
data
constant
27. The final figures
special discounts
bottom line figures
compounded monthly
invoice
28. When two ratios are equal
low risk investment
proportion
dividend
risk
29. The process of repossessing and selling the real or personal property when the borrower has defaulted
the two types of interest
lessee
population
foreclosure
30. The number you are multipliying by
overtime
default
multiplier
constant
31. A bill
compounded daily
cross-footing
bonds
invoice
32. Amounts of money you owe
the three items that may have to be subracted from the gross return figure when calculating net return
liabilities
compounded quarterly
fractions
33. Interest calculated on the principle
interest
common shares
weighted average
simple interest
34. A comparison of two numbers
ratio
sample
per diem
income statement
35. Parts of a whole number
bonds
interest
data
fractions
36. The difference between the highest and lowest numbers in a set of data
weighted average
p.a.
variable costs
range
37. Money earned on an investment or paid on a loan
amortization schedule
extention
interest
preference shares
38. Discounts offered to encourage customers to pay their bills on time
mortgage
cash discounts
median
compounded interest
39. Per day
per diem
break even point
personal property
weighted average
40. The length of the loan
cross-footing
income statement
term
parameter
41. Paid dividends after the preference shares have been paid
common shares
the two types of interest
multi modal
high risk investment
42. A loan
percent
the two types of interest
mortgage
multiplier
43. The lender
percent
income statement
proportion
mortgagee
44. Costs that fluctuate
preference shares
high-ratio mortgage
variable costs
net capitalized cost
45. Costs that remain constant
fixed costs
compounded quarterly
price earnings ratios
chain discounts
46. Number calculated from population data
risk
multi modal
the two types of interest
parameter
47. A chart that shows the balance of the mortgage after each amortization period
balance sheet
common shares
real property
amortization schedule
48. Interest calculated on the principal plus any accumulated interest
multiplicand
compounded interest
the three items that may have to be subracted from the gross return figure when calculating net return
per diem
49. The most frequently occuring value in a group of data
data
ratio
sales commission
mode
50. Provide a specific dividend that is paid before any dividends are paid to common stock holders
weighted average
compounded quarterly
the two types of interest
preference shares