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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 total of units multiplied by the price
amortization schedule
median
extention
money factor
2. The score that falls in the middle
median
risk
population
statistic
3. A series of discounts
the two types of interest
compounded daily
chain discounts
liabilities
4. Property other than real estate (often called a chattel mortgage)
preference shares
trade discount
personal property
cross-footing
5. The number to be divided by
variable costs
mode
front-loaded
dividend
6. Interest is paid twice a year
dividend
personal property
compounded sem-annually
extention
7. The highest number in a group of data
amortization schedule
mortgage
maximum
range
8. The final figures
variable
bottom line figures
interest
mortgagee
9. Amount of money coming in and going out of your business monthly
multiplier
cash flow
risk
compounded quarterly
10. Indicators of the confidence investors have in a company (the higher the better)
real property
risk
price earnings ratios
front-loaded
11. The unexpected variablility of returns
mortgagor
variable costs
collateral
risk
12. Per annum - yearly
p.a.
the four helpful calculating tools
per diem
cash flow
13. The borrower
variable costs
mortgagor
dividend
cash discounts
14. Paid in full
preference shares
foreclosure
capital cost allowance
retired or amortized
15. A contract giving someone the right to use something for a certain length of time
variable
compounded monthly
lease
constant
16. The most frequently occuring value in a group of data
variable
trade discount
mode
divisor
17. of one hundred
percent
break even point
cash discounts
proportion
18. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
per diem
assets
money factor
19. Interest is paid once a year
median
common shares
compounded annually
variable costs
20. The lowest number in a group of data
median
invoice
the three items that may have to be subracted from the gross return figure when calculating net return
minimum
21. Shows the assets - liabilities and financial position of the company
p.a.
complete enumeration survey
the three items that may have to be subracted from the gross return figure when calculating net return
balance sheet
22. Paid dividends after the preference shares have been paid
common shares
money factor
loan
compounded interest
23. Provide a specific dividend that is paid before any dividends are paid to common stock holders
the two main types of shares
foreclosure
preference shares
fixed costs
24. (simple average) adding the group of items and dividing by the total number of items
mean
high-ratio mortgage
lessor
retired or amortized
25. Interest calculated on the principle
weighted average
per diem
amortization period
simple interest
26. The owner of the property
dividend
trade discount
variable
lessor
27. A rate that one currency can be exchanged for another
extention
ratio
the four helpful calculating tools
foreign currency exchange
28. Discounts offered to encourage customers to pay their bills on time
sample
cash discounts
interest
sensitivity analysis
29. The majority of the early payments go toward paying the interest on the loan
front-loaded
risk
trade discount
minimum
30. A loan
mortgage
multi modal
the four helpful calculating tools
amortization schedule
31. A percentage discount to customers
multiplicand
cash discounts
mortgagee
special discounts
32. The number you are multipliying by
multiplier
median
complete enumeration survey
personal property
33. Interest is paid twelve times a year
lessee
minimum
compounded monthly
amortization period
34. The point where income and expenses intersect (no loss or profit)
fractions
collateral
loan
break even point
35. used when the each piece of data has more than one component
amortization period
the two methods calculators use to process information
complete enumeration survey
weighted average
36. Parts of a whole number
compounded annually
lease
fractions
lessee
37. Share of the profits of a company
special discounts
dividend
parameter
capital cost allowance
38. The number you are dividing by
cash flow
multi modal
weighted average
divisor
39. Adding columns of figures horizontally and vertically to check that the totals agree
cash flow
personal property
compounded interest
cross-footing
40. Costs that remain constant
fixed costs
the four helpful calculating tools
income statement
front-loaded
41. A decimal figure when x by 2400 gives an approximate annual interest rate
percent
mortgagee
money factor
cash flow
42. Security for a loan
cash flow
collateral
overtime
data
43. A portion of the population being studied
divisor
foreclosure
sample
lessor
44. Amounts of money you owe
liabilities
population
mortgage
low risk investment
45. The amount of money borrowed is between 75% - 95% of the purchase price
special discounts
mortgage
high-ratio mortgage
proportion
46. When two ratios are equal
liabilities
maximum
sales commission
proportion
47. Time worked beyond the established working hours
p.a.
personal property
mortgagor
overtime
48. Algebraic - arithmetic
real property
fixed costs
the two methods calculators use to process information
population
49. A percentage discount for buyers associated with the products being sold
overtime
lessor
net capitalized cost
trade discount
50. real estate (houses - condos - warehouses - factories - etc)
mode
mortgagor
real property
the three items that may have to be subracted from the gross return figure when calculating net return