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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. A loan
mortgage
weighted average
high risk investment
constant
2. Where info is collected for every unit of the population
complete enumeration survey
invoice
loan
sample
3. An item of data that has a different value at different times
variable
real property
foreclosure
p.a.
4. The number to be divided by
the two main types of shares
compounded monthly
dividend
cross-footing
5. Interest is paid four times a year
amortization schedule
compounded quarterly
preference shares
multiplier
6. Number calculated from population data
price earnings ratios
compounded sem-annually
data
parameter
7. The amount of money borrowed is less than 75% of the purchase price
maximum
loan
conventional mortgage
divisor
8. Part ownership in a company
foreign currency exchange
shares
compounded annually
capital cost allowance
9. The first number
bonds
extention
multiplicand
fixed costs
10. The borrower
mortgagor
variable costs
trade discount
compounded sem-annually
11. Investing in a well-established company
parameter
medium risk investment
invoice
lessor
12. The info collected from a survey and the figures generated through statistical analysis
high risk investment
percent
data
low risk investment
13. The number you are dividing by
divisor
mortgagor
per diem
trade discount
14. The interest amount is small - but you are guaranteed to get something
residual value
range
low risk investment
overtime
15. loans to companies or goverments (no voting rights)
minimum
multi modal
variable
bonds
16. A number calculated from sample data
statistic
term
cash flow
minimum
17. Things you own
parameter
low risk investment
the four helpful calculating tools
assets
18. Indicators of the confidence investors have in a company (the higher the better)
personal property
residual value
invoice
price earnings ratios
19. Deciding if its worth the risk
mortgage
sensitivity analysis
liabilities
sales commission
20. A portion of the population being studied
sample
amortization schedule
mortgage
front-loaded
21. Money given to someone on condition the person will return the money and interest by a specific date
parameter
retired or amortized
preference shares
loan
22. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
statistic
maximum
amortization schedule
23. Something that is expected to return a profit
special discounts
investment
per diem
income statement
24. The money paid to an employee based on a percentage of their sales
percent
chain discounts
sales commission
risk
25. Commission fee - inflation rate - capital gains tax
conventional mortgage
retired or amortized
the three items that may have to be subracted from the gross return figure when calculating net return
compounded daily
26. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
high-ratio mortgage
cross-footing
data
27. Non-payment
default
p.a.
price earnings ratios
mean
28. Amounts of money you owe
cross-footing
investment
statistic
liabilities
29. Paid in full
cross-footing
multiplier
high risk investment
retired or amortized
30. A comparison of two numbers
lessee
ratio
lease
balance sheet
31. A percentage discount for buyers associated with the products being sold
trade discount
compounded monthly
investment
percent
32. A rate that one currency can be exchanged for another
common shares
compounded monthly
cash discounts
foreign currency exchange
33. When two ratios are equal
investment
the two types of interest
proportion
capital cost allowance
34. Shows the money coming in and expenses for a certain period of time.
liabilities
cross-footing
divisor
income statement
35. Algebraic - arithmetic
investment
population
the two methods calculators use to process information
retired or amortized
36. Costs that fluctuate
variable costs
range
overtime
cash discounts
37. A chart that shows the balance of the mortgage after each amortization period
residual value
term
amortization schedule
fixed costs
38. More than one frequently occuring value in a group of data
foreign currency exchange
multi modal
amortization period
extention
39. Security for a loan
shares
collateral
range
multi modal
40. Money earned on an investment or paid on a loan
interest
amortization period
chain discounts
invoice
41. The lender
compounded monthly
the two types of interest
mortgagee
proportion
42. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
ratio
conventional mortgage
maximum
43. Parts of a whole number
invoice
population
complete enumeration survey
fractions
44. A bill
compounded daily
the four helpful calculating tools
foreclosure
invoice
45. used when the each piece of data has more than one component
mortgagee
sensitivity analysis
multiplier
weighted average
46. Per day
the four helpful calculating tools
proportion
balance sheet
per diem
47. real estate (houses - condos - warehouses - factories - etc)
net capitalized cost
per diem
real property
variable
48. The person paying to borrow property for a certain amount of time for payments
ratio
maximum
lessee
dividend
49. The price after any down-payment or trade-in
the two main types of shares
net capitalized cost
divisor
income statement
50. The most frequently occuring value in a group of data
mode
the two types of interest
lessor
ratio