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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. An item of data the stays the same
income statement
price earnings ratios
cash flow
constant
2. Time worked beyond the established working hours
constant
complete enumeration survey
p.a.
overtime
3. A portion of the population being studied
sample
cash flow
bonds
weighted average
4. Something that is expected to return a profit
break even point
preference shares
investment
data
5. Interest is paid once a year
percent
compounded annually
lessee
chain discounts
6. The length of the loan
weighted average
default
term
variable
7. Paid in full
per diem
retired or amortized
sensitivity analysis
cash flow
8. real estate (houses - condos - warehouses - factories - etc)
liabilities
real property
cash discounts
residual value
9. Non-payment
compounded quarterly
dividend
sales commission
default
10. A contract giving someone the right to use something for a certain length of time
loan
lease
fractions
dividend
11. loans to companies or goverments (no voting rights)
bonds
ratio
lease
shares
12. The info collected from a survey and the figures generated through statistical analysis
front-loaded
range
loan
data
13. The amount of money borrowed is between 75% - 95% of the purchase price
complete enumeration survey
high-ratio mortgage
minimum
the two methods calculators use to process information
14. A complete set of individuals - objects or scores being studied
bottom line figures
high-ratio mortgage
mortgage
population
15. Simple and compound
weighted average
variable costs
the two types of interest
investment
16. of one hundred
amortization period
collateral
price earnings ratios
percent
17. Amounts of money you owe
loan
liabilities
maximum
chain discounts
18. The amount of money borrowed is less than 75% of the purchase price
minimum
conventional mortgage
compounded sem-annually
mortgagee
19. The highest number in a group of data
mortgage
liabilities
balance sheet
maximum
20. The final figures
special discounts
the two types of interest
personal property
bottom line figures
21. A series of discounts
chain discounts
mortgagee
simple interest
sample
22. The interest amount is small - but you are guaranteed to get something
low risk investment
cross-footing
extention
compounded sem-annually
23. A chart that shows the balance of the mortgage after each amortization period
invoice
trade discount
amortization schedule
population
24. The difference between the highest and lowest numbers in a set of data
compounded sem-annually
population
range
term
25. Interest is paid twice a year
compounded sem-annually
multi modal
balance sheet
dividend
26. Shows the assets - liabilities and financial position of the company
minimum
amortization schedule
balance sheet
mean
27. The total of units multiplied by the price
the two main types of shares
real property
extention
chain discounts
28. Where info is collected for every unit of the population
residual value
extention
complete enumeration survey
multiplicand
29. you may get a large return or get nothing
high risk investment
collateral
per diem
percent
30. Algebraic - arithmetic
minimum
per diem
multi modal
the two methods calculators use to process information
31. The lender
capital cost allowance
mortgagee
residual value
interest
32. Interest is paid four times a year
amortization period
compounded quarterly
compounded daily
parameter
33. The number you are dividing by
real property
divisor
lessee
mortgage
34. A loan
multi modal
lessee
fixed costs
mortgage
35. The point where income and expenses intersect (no loss or profit)
real property
break even point
multiplier
multi modal
36. Costs that fluctuate
capital cost allowance
variable costs
constant
multiplier
37. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
mean
complete enumeration survey
variable
38. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
statistic
sample
bonds
39. The score that falls in the middle
retired or amortized
real property
median
compounded sem-annually
40. The majority of the early payments go toward paying the interest on the loan
assets
range
sample
front-loaded
41. Money given to someone on condition the person will return the money and interest by a specific date
loan
mean
the four helpful calculating tools
net capitalized cost
42. electronic - portable (pocket) - computer - spreadsheets
conventional mortgage
assets
the four helpful calculating tools
range
43. Preference and common
the two main types of shares
high-ratio mortgage
common shares
price earnings ratios
44. The owner of the property
lessor
conventional mortgage
weighted average
constant
45. The length of time until the debt is zero
the two types of interest
cross-footing
amortization period
high-ratio mortgage
46. Indicators of the confidence investors have in a company (the higher the better)
balance sheet
price earnings ratios
statistic
compounded daily
47. The borrower
mortgagor
compounded interest
ratio
simple interest
48. used when the each piece of data has more than one component
range
weighted average
income statement
lease
49. A comparison of two numbers
mortgagee
ratio
variable costs
preference shares
50. Things you own
compounded annually
loan
median
assets
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