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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. A portion of the population being studied
cross-footing
sample
multi modal
bonds
2. A number calculated from sample data
statistic
income statement
break even point
mortgagee
3. used when the each piece of data has more than one component
weighted average
overtime
collateral
front-loaded
4. The owner of the property
retired or amortized
dividend
lessor
compounded quarterly
5. The highest number in a group of data
price earnings ratios
multiplicand
maximum
chain discounts
6. A percentage discount for buyers associated with the products being sold
risk
trade discount
bottom line figures
collateral
7. Investing in a well-established company
amortization schedule
extention
medium risk investment
p.a.
8. Paid dividends after the preference shares have been paid
preference shares
common shares
retired or amortized
collateral
9. The person paying to borrow property for a certain amount of time for payments
retired or amortized
percent
lessee
the four helpful calculating tools
10. The total of units multiplied by the price
front-loaded
extention
sample
the two main types of shares
11. Shows the assets - liabilities and financial position of the company
the two methods calculators use to process information
divisor
balance sheet
mean
12. Interest is paid once a year
median
compounded annually
extention
the four helpful calculating tools
13. The majority of the early payments go toward paying the interest on the loan
front-loaded
fixed costs
cash flow
mode
14. An item of data the stays the same
variable costs
minimum
constant
p.a.
15. Property other than real estate (often called a chattel mortgage)
foreign currency exchange
conventional mortgage
money factor
personal property
16. The interest amount is small - but you are guaranteed to get something
retired or amortized
statistic
capital cost allowance
low risk investment
17. Security for a loan
collateral
lessor
bottom line figures
invoice
18. The process of repossessing and selling the real or personal property when the borrower has defaulted
loan
mode
chain discounts
foreclosure
19. Costs that fluctuate
extention
variable costs
lessor
low risk investment
20. Costs that remain constant
sales commission
foreclosure
minimum
fixed costs
21. Interest calculated on the principal plus any accumulated interest
ratio
compounded interest
multi modal
divisor
22. The amount of money borrowed is between 75% - 95% of the purchase price
residual value
loan
front-loaded
high-ratio mortgage
23. A bill
sales commission
median
invoice
loan
24. Paid in full
mode
lease
retired or amortized
real property
25. loans to companies or goverments (no voting rights)
range
multi modal
bonds
sales commission
26. A rate that one currency can be exchanged for another
dividend
foreign currency exchange
p.a.
percent
27. The lowest number in a group of data
proportion
compounded sem-annually
loan
minimum
28. Interest is paid twice a year
compounded sem-annually
cash flow
the two methods calculators use to process information
constant
29. The score that falls in the middle
mortgage
median
sensitivity analysis
data
30. Discounts offered to encourage customers to pay their bills on time
simple interest
cash discounts
liabilities
ratio
31. An item of data that has a different value at different times
divisor
medium risk investment
variable
amortization schedule
32. Part ownership in a company
break even point
collateral
shares
ratio
33. The number you are multipliying by
multiplier
high-ratio mortgage
net capitalized cost
lessee
34. The difference between the highest and lowest numbers in a set of data
range
dividend
data
maximum
35. A contract giving someone the right to use something for a certain length of time
default
bonds
lease
mortgagee
36. The most frequently occuring value in a group of data
sample
mode
the three items that may have to be subracted from the gross return figure when calculating net return
simple interest
37. A loan
variable costs
mortgage
compounded annually
trade discount
38. Simple and compound
amortization period
the two types of interest
price earnings ratios
interest
39. Non-payment
range
default
chain discounts
mean
40. The first number
compounded sem-annually
multiplicand
percent
high risk investment
41. The lender
compounded annually
mortgagee
sales commission
extention
42. Deciding if its worth the risk
interest
sensitivity analysis
multi modal
the three items that may have to be subracted from the gross return figure when calculating net return
43. A complete set of individuals - objects or scores being studied
divisor
population
net capitalized cost
complete enumeration survey
44. The money paid to an employee based on a percentage of their sales
simple interest
proportion
sales commission
high risk investment
45. The length of time until the debt is zero
compounded daily
amortization period
median
sales commission
46. Number calculated from population data
per diem
loan
conventional mortgage
parameter
47. Interest calculated on the principle
data
term
simple interest
divisor
48. The info collected from a survey and the figures generated through statistical analysis
liabilities
the four helpful calculating tools
data
population
49. Indicators of the confidence investors have in a company (the higher the better)
overtime
per diem
price earnings ratios
cash discounts
50. When two ratios are equal
percent
extention
low risk investment
proportion