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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 final figures
range
mean
bottom line figures
divisor
2. Property other than real estate (often called a chattel mortgage)
personal property
bonds
collateral
sensitivity analysis
3. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
liabilities
money factor
loan
4. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
fixed costs
interest
percent
5. loans to companies or goverments (no voting rights)
bonds
constant
p.a.
the two main types of shares
6. Amounts of money you owe
low risk investment
liabilities
the two types of interest
shares
7. Interest is paid 365 times a year
per diem
the two types of interest
the two main types of shares
compounded daily
8. Investing in a well-established company
maximum
medium risk investment
fractions
bottom line figures
9. Costs that fluctuate
variable costs
amortization schedule
risk
bottom line figures
10. Interest calculated on the principle
income statement
amortization period
simple interest
extention
11. of one hundred
cash discounts
per diem
percent
the three items that may have to be subracted from the gross return figure when calculating net return
12. Parts of a whole number
amortization period
ratio
population
fractions
13. The info collected from a survey and the figures generated through statistical analysis
personal property
mortgagor
data
loan
14. An item of data that has a different value at different times
break even point
variable
lessee
fixed costs
15. real estate (houses - condos - warehouses - factories - etc)
multi modal
lessor
compounded daily
real property
16. Non-payment
medium risk investment
variable costs
risk
default
17. A number calculated from sample data
net capitalized cost
residual value
front-loaded
statistic
18. The number you are dividing by
balance sheet
divisor
weighted average
default
19. Shows the money coming in and expenses for a certain period of time.
shares
income statement
sample
fractions
20. The most frequently occuring value in a group of data
mode
population
multi modal
dividend
21. Interest calculated on the principal plus any accumulated interest
compounded interest
population
variable costs
price earnings ratios
22. The difference between the highest and lowest numbers in a set of data
constant
range
preference shares
ratio
23. When two ratios are equal
multi modal
term
proportion
per diem
24. The amount the property is worth at the end of the lease
front-loaded
liabilities
residual value
compounded interest
25. The length of time until the debt is zero
amortization period
population
bonds
median
26. The total of units multiplied by the price
extention
lease
capital cost allowance
break even point
27. The person paying to borrow property for a certain amount of time for payments
cash discounts
lessee
foreclosure
parameter
28. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
divisor
price earnings ratios
constant
29. The unexpected variablility of returns
front-loaded
risk
trade discount
foreign currency exchange
30. A percentage discount to customers
special discounts
conventional mortgage
low risk investment
common shares
31. The interest amount is small - but you are guaranteed to get something
low risk investment
lease
personal property
capital cost allowance
32. The lender
invoice
percent
retired or amortized
mortgagee
33. The number to be divided by
dividend
compounded daily
balance sheet
mode
34. used when the each piece of data has more than one component
high risk investment
compounded daily
weighted average
income statement
35. An item of data the stays the same
high risk investment
constant
chain discounts
conventional mortgage
36. Money earned on an investment or paid on a loan
term
multiplier
balance sheet
interest
37. (simple average) adding the group of items and dividing by the total number of items
residual value
mean
proportion
bonds
38. The depreciation of an asset as an expense
income statement
cash discounts
p.a.
capital cost allowance
39. A loan
mortgage
statistic
break even point
chain discounts
40. you may get a large return or get nothing
high risk investment
common shares
median
mortgage
41. The score that falls in the middle
cash discounts
cash flow
mortgage
median
42. Interest is paid four times a year
break even point
balance sheet
preference shares
compounded quarterly
43. Security for a loan
assets
mortgage
collateral
multi modal
44. Simple and compound
the two types of interest
population
net capitalized cost
cash discounts
45. Interest is paid twelve times a year
compounded monthly
investment
mortgage
conventional mortgage
46. Shows the assets - liabilities and financial position of the company
maximum
compounded annually
chain discounts
balance sheet
47. Preference and common
variable
the two main types of shares
residual value
parameter
48. Algebraic - arithmetic
the two methods calculators use to process information
chain discounts
the two main types of shares
multi modal
49. The borrower
amortization period
loan
real property
mortgagor
50. Per day
mean
preference shares
fractions
per diem