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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 amount of money borrowed is less than 75% of the purchase price
conventional mortgage
sample
amortization period
extention
2. Share of the profits of a company
dividend
range
lessee
cash discounts
3. The first number
special discounts
amortization period
break even point
multiplicand
4. of one hundred
mortgagee
medium risk investment
money factor
percent
5. Amounts of money you owe
the four helpful calculating tools
common shares
population
liabilities
6. The borrower
interest
compounded annually
mortgagor
compounded interest
7. An item of data that has a different value at different times
simple interest
cross-footing
variable
amortization period
8. Time worked beyond the established working hours
real property
mortgagee
overtime
cash discounts
9. The owner of the property
default
lessor
ratio
high-ratio mortgage
10. A bill
bonds
simple interest
mode
invoice
11. Simple and compound
the two types of interest
percent
mode
default
12. Interest is paid 365 times a year
compounded daily
sales commission
foreign currency exchange
money factor
13. Part ownership in a company
liabilities
compounded monthly
bonds
shares
14. Algebraic - arithmetic
capital cost allowance
complete enumeration survey
the two methods calculators use to process information
mortgagee
15. Preference and common
balance sheet
the two main types of shares
weighted average
proportion
16. A series of discounts
chain discounts
compounded interest
mode
trade discount
17. A complete set of individuals - objects or scores being studied
foreclosure
ratio
compounded annually
population
18. Interest calculated on the principal plus any accumulated interest
parameter
foreclosure
compounded interest
compounded daily
19. real estate (houses - condos - warehouses - factories - etc)
proportion
real property
shares
foreign currency exchange
20. Interest is paid twice a year
break even point
weighted average
mean
compounded sem-annually
21. The number you are multipliying by
divisor
assets
conventional mortgage
multiplier
22. The person paying to borrow property for a certain amount of time for payments
lessee
fixed costs
compounded interest
compounded quarterly
23. The total of units multiplied by the price
per diem
extention
capital cost allowance
shares
24. Discounts offered to encourage customers to pay their bills on time
ratio
cash discounts
risk
real property
25. The interest amount is small - but you are guaranteed to get something
weighted average
foreclosure
chain discounts
low risk investment
26. The process of repossessing and selling the real or personal property when the borrower has defaulted
data
the two main types of shares
foreclosure
fixed costs
27. electronic - portable (pocket) - computer - spreadsheets
default
break even point
the four helpful calculating tools
the two methods calculators use to process information
28. Number calculated from population data
ratio
parameter
mean
the two types of interest
29. More than one frequently occuring value in a group of data
compounded interest
lease
multi modal
trade discount
30. The highest number in a group of data
low risk investment
bottom line figures
maximum
risk
31. The info collected from a survey and the figures generated through statistical analysis
compounded sem-annually
compounded annually
sample
data
32. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
constant
parameter
risk
33. Interest is paid twelve times a year
preference shares
invoice
compounded monthly
collateral
34. An item of data the stays the same
maximum
constant
common shares
compounded sem-annually
35. The difference between the highest and lowest numbers in a set of data
lessor
range
net capitalized cost
variable
36. The score that falls in the middle
income statement
median
compounded monthly
mean
37. A contract giving someone the right to use something for a certain length of time
lease
price earnings ratios
sales commission
simple interest
38. used when the each piece of data has more than one component
mode
net capitalized cost
weighted average
bottom line figures
39. Costs that fluctuate
cash flow
variable costs
extention
interest
40. Per annum - yearly
personal property
maximum
p.a.
capital cost allowance
41. Paid dividends after the preference shares have been paid
multiplier
high-ratio mortgage
fixed costs
common shares
42. The final figures
bottom line figures
cross-footing
dividend
simple interest
43. The unexpected variablility of returns
front-loaded
cash flow
per diem
risk
44. The money paid to an employee based on a percentage of their sales
fractions
sales commission
data
lease
45. The lowest number in a group of data
compounded interest
minimum
low risk investment
multi modal
46. When two ratios are equal
compounded interest
personal property
proportion
break even point
47. you may get a large return or get nothing
high risk investment
foreign currency exchange
common shares
population
48. A comparison of two numbers
multi modal
ratio
overtime
compounded annually
49. loans to companies or goverments (no voting rights)
personal property
bonds
constant
retired or amortized
50. Costs that remain constant
fixed costs
sensitivity analysis
retired or amortized
risk