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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. electronic - portable (pocket) - computer - spreadsheets
invoice
the four helpful calculating tools
bottom line figures
minimum
2. A comparison of two numbers
preference shares
ratio
parameter
capital cost allowance
3. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
lease
dividend
complete enumeration survey
4. Costs that remain constant
the three items that may have to be subracted from the gross return figure when calculating net return
fixed costs
multiplier
invoice
5. Interest is paid once a year
mortgagee
variable costs
compounded annually
invoice
6. An item of data the stays the same
foreclosure
constant
overtime
cash flow
7. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
amortization period
cash discounts
invoice
8. When two ratios are equal
proportion
cash flow
medium risk investment
cash discounts
9. Indicators of the confidence investors have in a company (the higher the better)
liabilities
divisor
price earnings ratios
high-ratio mortgage
10. Part ownership in a company
variable
shares
bottom line figures
compounded monthly
11. The majority of the early payments go toward paying the interest on the loan
common shares
front-loaded
variable costs
trade discount
12. used when the each piece of data has more than one component
compounded interest
complete enumeration survey
the two methods calculators use to process information
weighted average
13. Investing in a well-established company
compounded annually
high-ratio mortgage
medium risk investment
mean
14. real estate (houses - condos - warehouses - factories - etc)
sales commission
front-loaded
real property
personal property
15. Discounts offered to encourage customers to pay their bills on time
cash discounts
liabilities
mode
money factor
16. The number you are dividing by
divisor
capital cost allowance
front-loaded
per diem
17. Interest is paid twice a year
foreign currency exchange
interest
money factor
compounded sem-annually
18. The interest amount is small - but you are guaranteed to get something
mortgagor
break even point
lease
low risk investment
19. A contract giving someone the right to use something for a certain length of time
constant
liabilities
variable costs
lease
20. A rate that one currency can be exchanged for another
foreign currency exchange
high-ratio mortgage
cross-footing
sample
21. A bill
compounded annually
chain discounts
compounded interest
invoice
22. The lowest number in a group of data
special discounts
minimum
real property
dividend
23. Share of the profits of a company
common shares
dividend
special discounts
sensitivity analysis
24. The price after any down-payment or trade-in
price earnings ratios
per diem
compounded daily
net capitalized cost
25. The amount of money borrowed is less than 75% of the purchase price
ratio
cash discounts
conventional mortgage
compounded interest
26. Per day
per diem
weighted average
break even point
sensitivity analysis
27. Security for a loan
residual value
loan
collateral
compounded annually
28. Shows the assets - liabilities and financial position of the company
balance sheet
foreign currency exchange
proportion
fixed costs
29. The person paying to borrow property for a certain amount of time for payments
simple interest
lessee
term
multi modal
30. Things you own
simple interest
dividend
amortization period
assets
31. The lender
mortgage
front-loaded
dividend
mortgagee
32. Interest calculated on the principal plus any accumulated interest
fractions
median
shares
compounded interest
33. Interest is paid twelve times a year
the two main types of shares
compounded monthly
extention
low risk investment
34. The score that falls in the middle
median
liabilities
balance sheet
dividend
35. Paid in full
retired or amortized
median
dividend
break even point
36. The process of repossessing and selling the real or personal property when the borrower has defaulted
compounded annually
per diem
foreclosure
bonds
37. Paid dividends after the preference shares have been paid
variable
ratio
money factor
common shares
38. loans to companies or goverments (no voting rights)
multi modal
cash flow
bonds
loan
39. Commission fee - inflation rate - capital gains tax
extention
complete enumeration survey
foreclosure
the three items that may have to be subracted from the gross return figure when calculating net return
40. The money paid to an employee based on a percentage of their sales
amortization period
p.a.
sales commission
the two types of interest
41. of one hundred
ratio
shares
percent
median
42. The total of units multiplied by the price
cash flow
extention
fixed costs
low risk investment
43. The final figures
multi modal
bottom line figures
simple interest
low risk investment
44. Interest is paid 365 times a year
compounded daily
invoice
price earnings ratios
p.a.
45. A number calculated from sample data
statistic
invoice
term
compounded annually
46. An item of data that has a different value at different times
break even point
maximum
extention
variable
47. Costs that fluctuate
high risk investment
variable costs
lessor
conventional mortgage
48. Number calculated from population data
parameter
compounded sem-annually
overtime
personal property
49. The owner of the property
maximum
lessor
low risk investment
compounded annually
50. The amount the property is worth at the end of the lease
bottom line figures
amortization period
residual value
data