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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. Discounts offered to encourage customers to pay their bills on time
cash discounts
per diem
invoice
liabilities
2. Security for a loan
medium risk investment
trade discount
p.a.
collateral
3. Share of the profits of a company
cross-footing
dividend
minimum
multiplier
4. The lowest number in a group of data
investment
minimum
liabilities
weighted average
5. Paid dividends after the preference shares have been paid
common shares
money factor
dividend
loan
6. The price after any down-payment or trade-in
trade discount
front-loaded
net capitalized cost
conventional mortgage
7. A complete set of individuals - objects or scores being studied
compounded daily
multi modal
population
lessee
8. Number calculated from population data
parameter
fixed costs
maximum
conventional mortgage
9. Interest calculated on the principle
bottom line figures
simple interest
mortgage
complete enumeration survey
10. Costs that remain constant
real property
fixed costs
chain discounts
special discounts
11. A loan
mortgage
amortization period
the three items that may have to be subracted from the gross return figure when calculating net return
compounded quarterly
12. A rate that one currency can be exchanged for another
lease
foreign currency exchange
median
cash discounts
13. The lender
mortgagee
dividend
shares
constant
14. Interest is paid four times a year
price earnings ratios
minimum
compounded quarterly
the four helpful calculating tools
15. of one hundred
simple interest
interest
maximum
percent
16. The info collected from a survey and the figures generated through statistical analysis
cross-footing
variable costs
invoice
data
17. The number you are multipliying by
term
multiplier
compounded sem-annually
multi modal
18. Interest is paid 365 times a year
assets
real property
percent
compounded daily
19. An item of data that has a different value at different times
multiplicand
money factor
dividend
variable
20. used when the each piece of data has more than one component
weighted average
low risk investment
overtime
compounded interest
21. The length of the loan
the two methods calculators use to process information
term
minimum
common shares
22. loans to companies or goverments (no voting rights)
personal property
break even point
bonds
compounded daily
23. Costs that fluctuate
interest
variable costs
chain discounts
divisor
24. Shows the money coming in and expenses for a certain period of time.
residual value
income statement
multiplicand
the two main types of shares
25. Part ownership in a company
proportion
ratio
shares
compounded sem-annually
26. Amount of money coming in and going out of your business monthly
the two methods calculators use to process information
foreign currency exchange
retired or amortized
cash flow
27. The borrower
fractions
invoice
mortgagor
compounded sem-annually
28. The majority of the early payments go toward paying the interest on the loan
high risk investment
bottom line figures
sensitivity analysis
front-loaded
29. A contract giving someone the right to use something for a certain length of time
amortization schedule
net capitalized cost
lessor
lease
30. The amount the property is worth at the end of the lease
compounded annually
p.a.
residual value
per diem
31. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
compounded interest
liabilities
front-loaded
32. Interest is paid twice a year
minimum
foreclosure
compounded sem-annually
lessee
33. A chart that shows the balance of the mortgage after each amortization period
compounded sem-annually
lease
retired or amortized
amortization schedule
34. The number you are dividing by
fractions
dividend
divisor
collateral
35. The number to be divided by
fixed costs
front-loaded
compounded daily
dividend
36. Provide a specific dividend that is paid before any dividends are paid to common stock holders
extention
simple interest
preference shares
price earnings ratios
37. A percentage discount to customers
shares
term
interest
special discounts
38. An item of data the stays the same
constant
compounded quarterly
overtime
population
39. The interest amount is small - but you are guaranteed to get something
maximum
investment
low risk investment
special discounts
40. The point where income and expenses intersect (no loss or profit)
break even point
preference shares
simple interest
the three items that may have to be subracted from the gross return figure when calculating net return
41. Where info is collected for every unit of the population
special discounts
variable
sales commission
complete enumeration survey
42. Paid in full
retired or amortized
risk
foreign currency exchange
foreclosure
43. Shows the assets - liabilities and financial position of the company
median
variable costs
trade discount
balance sheet
44. The length of time until the debt is zero
amortization period
chain discounts
fractions
variable costs
45. A bill
fractions
high risk investment
invoice
income statement
46. A number calculated from sample data
statistic
range
income statement
dividend
47. Per annum - yearly
assets
p.a.
multiplicand
variable
48. Something that is expected to return a profit
investment
multi modal
mortgagee
range
49. The difference between the highest and lowest numbers in a set of data
range
the two methods calculators use to process information
investment
cross-footing
50. real estate (houses - condos - warehouses - factories - etc)
bottom line figures
real property
the three items that may have to be subracted from the gross return figure when calculating net return
proportion
Can you answer 50 questions in 15 minutes?
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