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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. Amount of money coming in and going out of your business monthly
sample
ratio
cash flow
constant
2. Shows the money coming in and expenses for a certain period of time.
dividend
income statement
lessee
ratio
3. The amount the property is worth at the end of the lease
the two main types of shares
sample
median
residual value
4. Part ownership in a company
weighted average
shares
lease
the three items that may have to be subracted from the gross return figure when calculating net return
5. Number calculated from population data
low risk investment
population
parameter
lease
6. Amounts of money you owe
default
liabilities
constant
data
7. Where info is collected for every unit of the population
compounded annually
the two types of interest
variable costs
complete enumeration survey
8. A chart that shows the balance of the mortgage after each amortization period
the two types of interest
population
mortgagor
amortization schedule
9. Interest calculated on the principle
median
mortgage
statistic
simple interest
10. Discounts offered to encourage customers to pay their bills on time
real property
cross-footing
variable
cash discounts
11. The difference between the highest and lowest numbers in a set of data
median
bottom line figures
range
break even point
12. A bill
invoice
simple interest
weighted average
loan
13. Simple and compound
assets
collateral
the two types of interest
lessee
14. Provide a specific dividend that is paid before any dividends are paid to common stock holders
low risk investment
preference shares
break even point
real property
15. The point where income and expenses intersect (no loss or profit)
break even point
divisor
real property
per diem
16. Things you own
assets
p.a.
investment
ratio
17. Paid in full
money factor
p.a.
retired or amortized
constant
18. Algebraic - arithmetic
the two methods calculators use to process information
term
bonds
fixed costs
19. Something that is expected to return a profit
investment
net capitalized cost
collateral
variable
20. (simple average) adding the group of items and dividing by the total number of items
risk
mean
compounded interest
conventional mortgage
21. The number to be divided by
residual value
population
complete enumeration survey
dividend
22. Per day
proportion
weighted average
compounded sem-annually
per diem
23. The highest number in a group of data
special discounts
overtime
compounded quarterly
maximum
24. Investing in a well-established company
compounded annually
constant
money factor
medium risk investment
25. Interest calculated on the principal plus any accumulated interest
the two main types of shares
compounded interest
cash flow
assets
26. A percentage discount for buyers associated with the products being sold
proportion
compounded annually
liabilities
trade discount
27. Security for a loan
mean
collateral
balance sheet
parameter
28. The info collected from a survey and the figures generated through statistical analysis
dividend
compounded quarterly
compounded monthly
data
29. Parts of a whole number
variable costs
simple interest
fractions
cash flow
30. Costs that fluctuate
percent
balance sheet
common shares
variable costs
31. A portion of the population being studied
proportion
sample
ratio
constant
32. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
multi modal
income statement
variable
33. The amount of money borrowed is less than 75% of the purchase price
foreign currency exchange
conventional mortgage
dividend
special discounts
34. of one hundred
percent
chain discounts
data
loan
35. The most frequently occuring value in a group of data
proportion
multiplicand
mode
interest
36. Commission fee - inflation rate - capital gains tax
money factor
sensitivity analysis
preference shares
the three items that may have to be subracted from the gross return figure when calculating net return
37. The process of repossessing and selling the real or personal property when the borrower has defaulted
divisor
investment
foreclosure
foreign currency exchange
38. The majority of the early payments go toward paying the interest on the loan
personal property
retired or amortized
front-loaded
multiplier
39. A comparison of two numbers
ratio
interest
mortgagee
cross-footing
40. Share of the profits of a company
variable costs
dividend
overtime
lessee
41. A complete set of individuals - objects or scores being studied
cash flow
compounded daily
front-loaded
population
42. Interest is paid twelve times a year
compounded monthly
money factor
complete enumeration survey
the four helpful calculating tools
43. Interest is paid four times a year
mortgage
parameter
compounded quarterly
compounded annually
44. The score that falls in the middle
low risk investment
net capitalized cost
median
break even point
45. The number you are multipliying by
fractions
multiplier
risk
investment
46. Preference and common
population
the two main types of shares
mortgage
chain discounts
47. The owner of the property
maximum
lessor
amortization schedule
bottom line figures
48. An item of data that has a different value at different times
variable
personal property
lessee
trade discount
49. More than one frequently occuring value in a group of data
multi modal
sales commission
assets
fractions
50. The borrower
mortgagor
collateral
proportion
the three items that may have to be subracted from the gross return figure when calculating net return