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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. you may get a large return or get nothing
net capitalized cost
high risk investment
overtime
front-loaded
2. Shows the money coming in and expenses for a certain period of time.
foreign currency exchange
special discounts
statistic
income statement
3. Provide a specific dividend that is paid before any dividends are paid to common stock holders
bottom line figures
minimum
preference shares
median
4. More than one frequently occuring value in a group of data
multi modal
loan
the two main types of shares
compounded monthly
5. loans to companies or goverments (no voting rights)
extention
bonds
the two types of interest
lessee
6. Discounts offered to encourage customers to pay their bills on time
overtime
cash discounts
population
compounded annually
7. The first number
multiplier
investment
balance sheet
multiplicand
8. A comparison of two numbers
default
ratio
constant
range
9. Interest is paid twice a year
ratio
compounded sem-annually
range
real property
10. The number you are dividing by
ratio
divisor
dividend
net capitalized cost
11. The amount the property is worth at the end of the lease
range
low risk investment
complete enumeration survey
residual value
12. Investing in a well-established company
foreign currency exchange
bottom line figures
low risk investment
medium risk investment
13. The amount of money borrowed is between 75% - 95% of the purchase price
balance sheet
cash discounts
assets
high-ratio mortgage
14. A loan
percent
sensitivity analysis
the two main types of shares
mortgage
15. Share of the profits of a company
chain discounts
dividend
simple interest
complete enumeration survey
16. A percentage discount to customers
high-ratio mortgage
special discounts
investment
amortization period
17. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
lessor
common shares
compounded annually
18. A complete set of individuals - objects or scores being studied
shares
mode
population
mortgagor
19. A percentage discount for buyers associated with the products being sold
per diem
collateral
the two types of interest
trade discount
20. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
sample
residual value
maximum
21. The majority of the early payments go toward paying the interest on the loan
term
population
lessor
front-loaded
22. Paid dividends after the preference shares have been paid
range
common shares
interest
net capitalized cost
23. A contract giving someone the right to use something for a certain length of time
invoice
lease
statistic
the two types of interest
24. Security for a loan
high risk investment
price earnings ratios
collateral
shares
25. Property other than real estate (often called a chattel mortgage)
median
personal property
interest
medium risk investment
26. Preference and common
the two main types of shares
parameter
dividend
mean
27. Costs that fluctuate
variable costs
low risk investment
the two main types of shares
weighted average
28. of one hundred
percent
personal property
cash flow
investment
29. A series of discounts
mortgagee
chain discounts
compounded quarterly
foreclosure
30. The most frequently occuring value in a group of data
term
mode
multiplicand
fractions
31. The final figures
multi modal
bottom line figures
the two main types of shares
lease
32. Amount of money coming in and going out of your business monthly
low risk investment
multi modal
cash flow
percent
33. An item of data that has a different value at different times
parameter
low risk investment
net capitalized cost
variable
34. The process of repossessing and selling the real or personal property when the borrower has defaulted
default
balance sheet
foreclosure
bottom line figures
35. real estate (houses - condos - warehouses - factories - etc)
interest
trade discount
multi modal
real property
36. When two ratios are equal
trade discount
assets
proportion
mean
37. Amounts of money you owe
the three items that may have to be subracted from the gross return figure when calculating net return
liabilities
the four helpful calculating tools
divisor
38. The point where income and expenses intersect (no loss or profit)
break even point
multiplicand
mode
sample
39. A rate that one currency can be exchanged for another
median
loan
foreign currency exchange
real property
40. Per annum - yearly
chain discounts
variable
high risk investment
p.a.
41. Deciding if its worth the risk
dividend
the two main types of shares
income statement
sensitivity analysis
42. Algebraic - arithmetic
p.a.
the two methods calculators use to process information
income statement
ratio
43. A decimal figure when x by 2400 gives an approximate annual interest rate
foreclosure
the two types of interest
money factor
trade discount
44. Interest is paid twelve times a year
per diem
compounded monthly
the two methods calculators use to process information
fractions
45. Paid in full
retired or amortized
compounded interest
the two main types of shares
variable
46. A portion of the population being studied
sample
balance sheet
bonds
assets
47. Part ownership in a company
divisor
shares
income statement
break even point
48. The borrower
amortization schedule
lessor
fractions
mortgagor
49. The owner of the property
lessor
minimum
compounded monthly
medium risk investment
50. A number calculated from sample data
shares
common shares
statistic
money factor