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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 lender
proportion
mortgagee
income statement
loan
2. Per annum - yearly
p.a.
lessee
price earnings ratios
cash flow
3. electronic - portable (pocket) - computer - spreadsheets
low risk investment
the four helpful calculating tools
weighted average
lessor
4. you may get a large return or get nothing
per diem
chain discounts
high risk investment
constant
5. The number you are multipliying by
medium risk investment
variable
real property
multiplier
6. A contract giving someone the right to use something for a certain length of time
trade discount
default
risk
lease
7. The amount the property is worth at the end of the lease
compounded annually
amortization schedule
front-loaded
residual value
8. Where info is collected for every unit of the population
preference shares
multiplicand
amortization period
complete enumeration survey
9. The amount of money borrowed is less than 75% of the purchase price
parameter
conventional mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
divisor
10. A percentage discount to customers
special discounts
range
the four helpful calculating tools
maximum
11. A number calculated from sample data
liabilities
statistic
amortization schedule
compounded interest
12. Algebraic - arithmetic
variable
compounded daily
the two types of interest
the two methods calculators use to process information
13. The score that falls in the middle
median
lessor
the four helpful calculating tools
preference shares
14. The owner of the property
investment
sample
lessor
compounded quarterly
15. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
conventional mortgage
chain discounts
the two types of interest
16. Shows the assets - liabilities and financial position of the company
assets
collateral
balance sheet
cross-footing
17. Something that is expected to return a profit
investment
chain discounts
cash discounts
conventional mortgage
18. Interest is paid four times a year
multiplicand
amortization schedule
compounded quarterly
compounded monthly
19. Interest is paid once a year
foreclosure
overtime
compounded annually
multi modal
20. Time worked beyond the established working hours
compounded daily
extention
compounded interest
overtime
21. The majority of the early payments go toward paying the interest on the loan
front-loaded
amortization period
the two main types of shares
trade discount
22. Property other than real estate (often called a chattel mortgage)
constant
mortgage
front-loaded
personal property
23. Interest calculated on the principle
retired or amortized
shares
simple interest
complete enumeration survey
24. Interest is paid twelve times a year
bonds
trade discount
the two types of interest
compounded monthly
25. used when the each piece of data has more than one component
divisor
weighted average
population
multi modal
26. An item of data the stays the same
term
constant
investment
dividend
27. The first number
lessee
sales commission
multiplicand
price earnings ratios
28. Amounts of money you owe
compounded interest
liabilities
conventional mortgage
mean
29. of one hundred
percent
dividend
high-ratio mortgage
retired or amortized
30. The amount of money borrowed is between 75% - 95% of the purchase price
compounded annually
high-ratio mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
multiplier
31. Money earned on an investment or paid on a loan
dividend
invoice
interest
sales commission
32. The number to be divided by
multiplier
complete enumeration survey
the two main types of shares
dividend
33. When two ratios are equal
foreclosure
proportion
mortgagor
constant
34. Things you own
interest
residual value
assets
compounded annually
35. (simple average) adding the group of items and dividing by the total number of items
dividend
mean
price earnings ratios
amortization schedule
36. Paid dividends after the preference shares have been paid
dividend
common shares
the three items that may have to be subracted from the gross return figure when calculating net return
price earnings ratios
37. Amount of money coming in and going out of your business monthly
invoice
cash flow
cash discounts
dividend
38. Deciding if its worth the risk
fractions
per diem
sensitivity analysis
invoice
39. Shows the money coming in and expenses for a certain period of time.
money factor
cross-footing
income statement
preference shares
40. The money paid to an employee based on a percentage of their sales
cross-footing
cash flow
sales commission
the two methods calculators use to process information
41. The highest number in a group of data
dividend
multiplier
maximum
the three items that may have to be subracted from the gross return figure when calculating net return
42. The unexpected variablility of returns
risk
preference shares
sales commission
common shares
43. Per day
overtime
personal property
per diem
weighted average
44. real estate (houses - condos - warehouses - factories - etc)
mortgagee
money factor
bottom line figures
real property
45. Discounts offered to encourage customers to pay their bills on time
extention
cash discounts
capital cost allowance
lessor
46. The person paying to borrow property for a certain amount of time for payments
interest
cash flow
lessee
cash discounts
47. A complete set of individuals - objects or scores being studied
dividend
amortization schedule
sales commission
population
48. Money given to someone on condition the person will return the money and interest by a specific date
compounded quarterly
loan
retired or amortized
lease
49. Investing in a well-established company
common shares
sample
medium risk investment
percent
50. The info collected from a survey and the figures generated through statistical analysis
net capitalized cost
lessee
data
liabilities