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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 depreciation of an asset as an expense
capital cost allowance
chain discounts
income statement
shares
2. Interest is paid four times a year
sensitivity analysis
compounded quarterly
population
loan
3. Money earned on an investment or paid on a loan
interest
simple interest
personal property
cross-footing
4. A decimal figure when x by 2400 gives an approximate annual interest rate
overtime
low risk investment
cash discounts
money factor
5. An item of data that has a different value at different times
variable
fixed costs
cash flow
low risk investment
6. Interest calculated on the principle
multiplier
trade discount
simple interest
high risk investment
7. The most frequently occuring value in a group of data
compounded sem-annually
amortization schedule
liabilities
mode
8. Something that is expected to return a profit
investment
preference shares
the two types of interest
mode
9. The number to be divided by
variable costs
preference shares
dividend
variable
10. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
compounded quarterly
shares
divisor
11. An item of data the stays the same
constant
cash flow
the two main types of shares
invoice
12. Investing in a well-established company
medium risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
assets
low risk investment
13. Interest is paid twice a year
compounded monthly
compounded sem-annually
net capitalized cost
variable
14. The length of the loan
capital cost allowance
p.a.
term
invoice
15. A portion of the population being studied
sample
fixed costs
the three items that may have to be subracted from the gross return figure when calculating net return
multiplier
16. The process of repossessing and selling the real or personal property when the borrower has defaulted
trade discount
foreclosure
parameter
divisor
17. Time worked beyond the established working hours
simple interest
overtime
ratio
preference shares
18. Provide a specific dividend that is paid before any dividends are paid to common stock holders
maximum
p.a.
residual value
preference shares
19. A complete set of individuals - objects or scores being studied
population
compounded monthly
variable costs
the two types of interest
20. A bill
invoice
lessor
the two types of interest
statistic
21. When two ratios are equal
proportion
fractions
mean
p.a.
22. The score that falls in the middle
multiplicand
mean
median
the two methods calculators use to process information
23. The number you are dividing by
cross-footing
divisor
the four helpful calculating tools
term
24. The highest number in a group of data
foreclosure
money factor
maximum
term
25. Shows the assets - liabilities and financial position of the company
interest
balance sheet
special discounts
data
26. Indicators of the confidence investors have in a company (the higher the better)
break even point
mortgage
price earnings ratios
overtime
27. The lowest number in a group of data
compounded daily
minimum
cross-footing
personal property
28. The lender
interest
median
income statement
mortgagee
29. loans to companies or goverments (no voting rights)
conventional mortgage
bonds
proportion
front-loaded
30. The amount of money borrowed is less than 75% of the purchase price
bonds
conventional mortgage
common shares
collateral
31. Costs that remain constant
loan
fixed costs
sensitivity analysis
income statement
32. The unexpected variablility of returns
money factor
extention
risk
collateral
33. Algebraic - arithmetic
mortgagor
lessor
the two methods calculators use to process information
balance sheet
34. used when the each piece of data has more than one component
shares
per diem
weighted average
liabilities
35. The owner of the property
residual value
investment
high risk investment
lessor
36. Interest is paid 365 times a year
dividend
balance sheet
weighted average
compounded daily
37. Number calculated from population data
proportion
the three items that may have to be subracted from the gross return figure when calculating net return
ratio
parameter
38. Paid in full
population
medium risk investment
retired or amortized
multi modal
39. The borrower
mortgagor
sample
maximum
divisor
40. Deciding if its worth the risk
liabilities
complete enumeration survey
sensitivity analysis
mortgagee
41. The difference between the highest and lowest numbers in a set of data
mean
shares
range
the two types of interest
42. Interest is paid twelve times a year
compounded monthly
personal property
income statement
extention
43. Property other than real estate (often called a chattel mortgage)
personal property
price earnings ratios
net capitalized cost
the two methods calculators use to process information
44. you may get a large return or get nothing
cash flow
special discounts
high risk investment
capital cost allowance
45. The amount the property is worth at the end of the lease
proportion
residual value
multiplier
balance sheet
46. A comparison of two numbers
ratio
compounded quarterly
break even point
common shares
47. The price after any down-payment or trade-in
net capitalized cost
break even point
common shares
front-loaded
48. The total of units multiplied by the price
sales commission
compounded sem-annually
variable
extention
49. Part ownership in a company
mortgage
shares
the two main types of shares
minimum
50. Discounts offered to encourage customers to pay their bills on time
cash discounts
amortization schedule
lessor
multiplicand