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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. Discounts offered to encourage customers to pay their bills on time
p.a.
compounded interest
real property
cash discounts
2. Something that is expected to return a profit
multi modal
p.a.
investment
variable costs
3. electronic - portable (pocket) - computer - spreadsheets
price earnings ratios
compounded sem-annually
dividend
the four helpful calculating tools
4. An item of data that has a different value at different times
complete enumeration survey
low risk investment
common shares
variable
5. The money paid to an employee based on a percentage of their sales
sales commission
price earnings ratios
special discounts
ratio
6. The first number
compounded monthly
cash flow
front-loaded
multiplicand
7. An item of data the stays the same
balance sheet
constant
compounded annually
interest
8. Adding columns of figures horizontally and vertically to check that the totals agree
data
mean
cross-footing
compounded monthly
9. The owner of the property
special discounts
lessor
mode
interest
10. Parts of a whole number
fractions
capital cost allowance
compounded sem-annually
medium risk investment
11. Preference and common
real property
the two main types of shares
mortgagee
sales commission
12. A portion of the population being studied
variable
lease
the two types of interest
sample
13. The lowest number in a group of data
term
low risk investment
personal property
minimum
14. The amount of money borrowed is less than 75% of the purchase price
simple interest
assets
conventional mortgage
ratio
15. The borrower
mortgagor
income statement
bottom line figures
lease
16. A loan
common shares
complete enumeration survey
compounded quarterly
mortgage
17. Amounts of money you owe
term
the two main types of shares
liabilities
the three items that may have to be subracted from the gross return figure when calculating net return
18. Interest is paid twelve times a year
multi modal
compounded daily
invoice
compounded monthly
19. Things you own
the two main types of shares
assets
sample
the two types of interest
20. of one hundred
percent
weighted average
compounded monthly
collateral
21. The point where income and expenses intersect (no loss or profit)
cross-footing
break even point
loan
the two methods calculators use to process information
22. A chart that shows the balance of the mortgage after each amortization period
price earnings ratios
foreign currency exchange
real property
amortization schedule
23. A number calculated from sample data
sales commission
statistic
break even point
the two main types of shares
24. A comparison of two numbers
residual value
medium risk investment
extention
ratio
25. More than one frequently occuring value in a group of data
trade discount
medium risk investment
data
multi modal
26. Money given to someone on condition the person will return the money and interest by a specific date
constant
loan
compounded sem-annually
net capitalized cost
27. Paid dividends after the preference shares have been paid
common shares
statistic
p.a.
net capitalized cost
28. Interest calculated on the principal plus any accumulated interest
compounded interest
personal property
cross-footing
loan
29. The lender
data
income statement
mortgagee
interest
30. The interest amount is small - but you are guaranteed to get something
capital cost allowance
net capitalized cost
low risk investment
proportion
31. Interest calculated on the principle
bonds
mortgagor
simple interest
bottom line figures
32. The difference between the highest and lowest numbers in a set of data
range
capital cost allowance
money factor
shares
33. Money earned on an investment or paid on a loan
interest
bonds
real property
preference shares
34. The length of time until the debt is zero
amortization period
loan
simple interest
compounded sem-annually
35. The most frequently occuring value in a group of data
cash flow
mode
population
front-loaded
36. Costs that fluctuate
data
dividend
break even point
variable costs
37. Shows the assets - liabilities and financial position of the company
cash discounts
variable
capital cost allowance
balance sheet
38. Amount of money coming in and going out of your business monthly
mortgagor
cash flow
high risk investment
percent
39. A rate that one currency can be exchanged for another
net capitalized cost
foreign currency exchange
the two types of interest
liabilities
40. When two ratios are equal
compounded annually
proportion
ratio
investment
41. A complete set of individuals - objects or scores being studied
compounded annually
complete enumeration survey
population
compounded quarterly
42. used when the each piece of data has more than one component
cash flow
simple interest
weighted average
residual value
43. Interest is paid twice a year
compounded sem-annually
front-loaded
real property
chain discounts
44. Interest is paid 365 times a year
statistic
multiplicand
compounded annually
compounded daily
45. Algebraic - arithmetic
weighted average
per diem
the two methods calculators use to process information
cross-footing
46. loans to companies or goverments (no voting rights)
mortgagee
extention
bonds
variable
47. Simple and compound
amortization period
mortgage
multiplier
the two types of interest
48. A series of discounts
population
variable
chain discounts
price earnings ratios
49. Interest is paid four times a year
compounded quarterly
proportion
lessor
risk
50. Deciding if its worth the risk
investment
multiplier
front-loaded
sensitivity analysis