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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. Interest calculated on the principal plus any accumulated interest
extention
amortization period
data
compounded interest
2. loans to companies or goverments (no voting rights)
preference shares
overtime
compounded daily
bonds
3. A series of discounts
amortization schedule
compounded sem-annually
population
chain discounts
4. The lowest number in a group of data
sample
simple interest
minimum
cash flow
5. A rate that one currency can be exchanged for another
money factor
multiplier
foreign currency exchange
fractions
6. Deciding if its worth the risk
dividend
net capitalized cost
sample
sensitivity analysis
7. Shows the assets - liabilities and financial position of the company
bonds
median
balance sheet
interest
8. The length of time until the debt is zero
amortization period
fixed costs
constant
foreclosure
9. Interest is paid four times a year
lessor
statistic
compounded quarterly
chain discounts
10. The unexpected variablility of returns
collateral
sensitivity analysis
risk
investment
11. you may get a large return or get nothing
high risk investment
mean
cross-footing
break even point
12. Interest is paid once a year
compounded annually
parameter
minimum
maximum
13. More than one frequently occuring value in a group of data
data
multi modal
lessee
constant
14. Algebraic - arithmetic
the two methods calculators use to process information
net capitalized cost
compounded daily
cash discounts
15. Non-payment
default
income statement
cash discounts
mortgagor
16. Things you own
multi modal
lease
constant
assets
17. The number to be divided by
dividend
retired or amortized
sensitivity analysis
divisor
18. The first number
personal property
statistic
interest
multiplicand
19. Per annum - yearly
trade discount
collateral
p.a.
bonds
20. The amount of money borrowed is between 75% - 95% of the purchase price
dividend
high-ratio mortgage
compounded annually
compounded interest
21. The info collected from a survey and the figures generated through statistical analysis
the two main types of shares
retired or amortized
data
money factor
22. Share of the profits of a company
dividend
mode
sensitivity analysis
special discounts
23. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
bonds
the four helpful calculating tools
overtime
24. The final figures
risk
bottom line figures
range
personal property
25. electronic - portable (pocket) - computer - spreadsheets
risk
per diem
simple interest
the four helpful calculating tools
26. The interest amount is small - but you are guaranteed to get something
medium risk investment
low risk investment
real property
percent
27. The price after any down-payment or trade-in
assets
net capitalized cost
term
complete enumeration survey
28. The total of units multiplied by the price
foreclosure
extention
mode
percent
29. The point where income and expenses intersect (no loss or profit)
dividend
assets
front-loaded
break even point
30. The depreciation of an asset as an expense
minimum
complete enumeration survey
capital cost allowance
compounded annually
31. Time worked beyond the established working hours
overtime
loan
low risk investment
residual value
32. Paid dividends after the preference shares have been paid
ratio
common shares
amortization schedule
chain discounts
33. The person paying to borrow property for a certain amount of time for payments
statistic
cash discounts
per diem
lessee
34. A contract giving someone the right to use something for a certain length of time
lease
front-loaded
maximum
compounded quarterly
35. Interest is paid twelve times a year
bonds
compounded monthly
residual value
multi modal
36. The money paid to an employee based on a percentage of their sales
population
sales commission
low risk investment
compounded monthly
37. used when the each piece of data has more than one component
dividend
cross-footing
weighted average
foreclosure
38. Security for a loan
interest
sensitivity analysis
variable
collateral
39. Money given to someone on condition the person will return the money and interest by a specific date
compounded quarterly
loan
simple interest
percent
40. A complete set of individuals - objects or scores being studied
front-loaded
price earnings ratios
population
foreign currency exchange
41. A percentage discount to customers
cash discounts
special discounts
shares
cash flow
42. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
bonds
personal property
term
43. The highest number in a group of data
term
maximum
multiplicand
the four helpful calculating tools
44. Amounts of money you owe
liabilities
variable
conventional mortgage
sensitivity analysis
45. Investing in a well-established company
shares
divisor
median
medium risk investment
46. The owner of the property
lessor
percent
price earnings ratios
collateral
47. Something that is expected to return a profit
sensitivity analysis
investment
mortgagor
collateral
48. The number you are dividing by
loan
shares
trade discount
divisor
49. A number calculated from sample data
multi modal
weighted average
fractions
statistic
50. The most frequently occuring value in a group of data
foreclosure
per diem
mode
mean