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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 lender
amortization period
high-ratio mortgage
mortgagee
multi modal
2. Amount of money coming in and going out of your business monthly
the two main types of shares
compounded quarterly
cash flow
liabilities
3. Adding columns of figures horizontally and vertically to check that the totals agree
residual value
cross-footing
income statement
compounded monthly
4. The person paying to borrow property for a certain amount of time for payments
high risk investment
lessee
amortization schedule
real property
5. Paid in full
mean
collateral
retired or amortized
balance sheet
6. A complete set of individuals - objects or scores being studied
population
risk
liabilities
simple interest
7. The length of time until the debt is zero
sensitivity analysis
special discounts
amortization period
medium risk investment
8. A chart that shows the balance of the mortgage after each amortization period
compounded interest
the four helpful calculating tools
amortization schedule
divisor
9. The borrower
net capitalized cost
bottom line figures
mortgagor
loan
10. A loan
mortgage
the four helpful calculating tools
median
high risk investment
11. The majority of the early payments go toward paying the interest on the loan
sales commission
front-loaded
cash discounts
real property
12. Something that is expected to return a profit
investment
multi modal
sensitivity analysis
constant
13. Interest is paid twice a year
compounded sem-annually
high-ratio mortgage
lessor
interest
14. A percentage discount for buyers associated with the products being sold
break even point
balance sheet
multiplier
trade discount
15. Non-payment
default
per diem
residual value
range
16. Interest is paid four times a year
the three items that may have to be subracted from the gross return figure when calculating net return
the two main types of shares
the two types of interest
compounded quarterly
17. The total of units multiplied by the price
personal property
investment
extention
lease
18. Interest is paid 365 times a year
liabilities
compounded daily
compounded monthly
cash discounts
19. When two ratios are equal
proportion
per diem
mortgage
divisor
20. Security for a loan
collateral
interest
sensitivity analysis
income statement
21. Paid dividends after the preference shares have been paid
common shares
assets
invoice
lease
22. The difference between the highest and lowest numbers in a set of data
minimum
bonds
range
divisor
23. real estate (houses - condos - warehouses - factories - etc)
mortgagee
minimum
real property
break even point
24. Investing in a well-established company
liabilities
sensitivity analysis
medium risk investment
compounded quarterly
25. used when the each piece of data has more than one component
weighted average
foreign currency exchange
compounded sem-annually
collateral
26. A percentage discount to customers
proportion
break even point
special discounts
simple interest
27. An item of data the stays the same
special discounts
constant
mortgage
compounded annually
28. Interest is paid twelve times a year
p.a.
compounded monthly
ratio
high-ratio mortgage
29. Number calculated from population data
median
interest
parameter
conventional mortgage
30. The interest amount is small - but you are guaranteed to get something
low risk investment
the two main types of shares
divisor
proportion
31. Money given to someone on condition the person will return the money and interest by a specific date
common shares
loan
fixed costs
minimum
32. The highest number in a group of data
constant
fixed costs
compounded daily
maximum
33. The amount of money borrowed is between 75% - 95% of the purchase price
shares
special discounts
cash flow
high-ratio mortgage
34. The owner of the property
mean
lessor
divisor
term
35. Where info is collected for every unit of the population
break even point
complete enumeration survey
compounded monthly
bonds
36. A comparison of two numbers
preference shares
ratio
the four helpful calculating tools
price earnings ratios
37. Parts of a whole number
lease
p.a.
multi modal
fractions
38. A rate that one currency can be exchanged for another
foreign currency exchange
compounded interest
statistic
percent
39. Algebraic - arithmetic
data
fractions
the two methods calculators use to process information
overtime
40. Commission fee - inflation rate - capital gains tax
multiplier
the three items that may have to be subracted from the gross return figure when calculating net return
bonds
population
41. Share of the profits of a company
minimum
dividend
mean
term
42. you may get a large return or get nothing
high risk investment
price earnings ratios
personal property
mode
43. Time worked beyond the established working hours
overtime
lease
preference shares
personal property
44. The info collected from a survey and the figures generated through statistical analysis
data
sensitivity analysis
compounded interest
per diem
45. The most frequently occuring value in a group of data
common shares
loan
foreclosure
mode
46. A bill
invoice
parameter
fixed costs
sales commission
47. The price after any down-payment or trade-in
sample
variable
p.a.
net capitalized cost
48. Amounts of money you owe
balance sheet
ratio
liabilities
high risk investment
49. Shows the assets - liabilities and financial position of the company
the three items that may have to be subracted from the gross return figure when calculating net return
balance sheet
constant
overtime
50. Things you own
assets
compounded interest
collateral
invoice