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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 borrower
mortgagor
net capitalized cost
dividend
proportion
2. The majority of the early payments go toward paying the interest on the loan
money factor
multiplicand
median
front-loaded
3. The lowest number in a group of data
balance sheet
real property
minimum
proportion
4. A series of discounts
loan
population
chain discounts
divisor
5. The info collected from a survey and the figures generated through statistical analysis
term
data
the two types of interest
compounded daily
6. The unexpected variablility of returns
risk
complete enumeration survey
variable
per diem
7. Preference and common
retired or amortized
high-ratio mortgage
the two main types of shares
the two types of interest
8. A complete set of individuals - objects or scores being studied
minimum
population
bottom line figures
low risk investment
9. The process of repossessing and selling the real or personal property when the borrower has defaulted
dividend
mortgage
trade discount
foreclosure
10. The depreciation of an asset as an expense
capital cost allowance
cash flow
parameter
divisor
11. Per annum - yearly
sample
p.a.
cross-footing
the three items that may have to be subracted from the gross return figure when calculating net return
12. A contract giving someone the right to use something for a certain length of time
weighted average
compounded monthly
lease
the two types of interest
13. The number you are multipliying by
multiplier
variable costs
cross-footing
investment
14. Simple and compound
collateral
complete enumeration survey
term
the two types of interest
15. A bill
balance sheet
the two methods calculators use to process information
foreclosure
invoice
16. The amount of money borrowed is between 75% - 95% of the purchase price
compounded quarterly
bonds
minimum
high-ratio mortgage
17. Costs that remain constant
fixed costs
compounded monthly
shares
foreign currency exchange
18. Parts of a whole number
real property
mortgagee
the two main types of shares
fractions
19. An item of data that has a different value at different times
overtime
real property
variable
lessor
20. Deciding if its worth the risk
high-ratio mortgage
sensitivity analysis
medium risk investment
multi modal
21. Shows the assets - liabilities and financial position of the company
term
dividend
balance sheet
real property
22. Paid dividends after the preference shares have been paid
common shares
residual value
the four helpful calculating tools
compounded interest
23. Interest is paid twice a year
extention
high-ratio mortgage
compounded sem-annually
loan
24. Something that is expected to return a profit
net capitalized cost
investment
front-loaded
data
25. Provide a specific dividend that is paid before any dividends are paid to common stock holders
variable costs
cash discounts
divisor
preference shares
26. The final figures
bottom line figures
variable
investment
cross-footing
27. A number calculated from sample data
price earnings ratios
statistic
dividend
amortization period
28. The first number
compounded annually
the four helpful calculating tools
liabilities
multiplicand
29. The highest number in a group of data
maximum
dividend
retired or amortized
multi modal
30. The price after any down-payment or trade-in
net capitalized cost
per diem
constant
default
31. Things you own
sensitivity analysis
the two types of interest
sales commission
assets
32. A loan
multi modal
mortgage
net capitalized cost
percent
33. Costs that fluctuate
minimum
variable costs
personal property
term
34. More than one frequently occuring value in a group of data
multi modal
capital cost allowance
personal property
high-ratio mortgage
35. Indicators of the confidence investors have in a company (the higher the better)
constant
sales commission
price earnings ratios
population
36. Time worked beyond the established working hours
invoice
overtime
foreign currency exchange
money factor
37. The number you are dividing by
divisor
term
mean
sample
38. The most frequently occuring value in a group of data
mode
statistic
median
foreclosure
39. Share of the profits of a company
dividend
medium risk investment
foreign currency exchange
simple interest
40. A percentage discount for buyers associated with the products being sold
cash flow
ratio
chain discounts
trade discount
41. A percentage discount to customers
extention
data
range
special discounts
42. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
weighted average
sample
extention
43. Shows the money coming in and expenses for a certain period of time.
common shares
income statement
foreclosure
per diem
44. real estate (houses - condos - warehouses - factories - etc)
real property
dividend
conventional mortgage
investment
45. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
balance sheet
invoice
complete enumeration survey
46. Interest is paid twelve times a year
p.a.
compounded monthly
high-ratio mortgage
overtime
47. The point where income and expenses intersect (no loss or profit)
break even point
sample
p.a.
liabilities
48. The person paying to borrow property for a certain amount of time for payments
break even point
lessee
liabilities
sample
49. The difference between the highest and lowest numbers in a set of data
compounded daily
conventional mortgage
range
invoice
50. The owner of the property
income statement
lessor
variable
the four helpful calculating tools