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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. Time worked beyond the established working hours
overtime
front-loaded
minimum
high risk investment
2. Deciding if its worth the risk
simple interest
price earnings ratios
sensitivity analysis
cash flow
3. Amounts of money you owe
mortgage
liabilities
bottom line figures
dividend
4. Part ownership in a company
low risk investment
shares
multiplier
money factor
5. of one hundred
the two types of interest
percent
range
compounded interest
6. The highest number in a group of data
balance sheet
common shares
assets
maximum
7. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
price earnings ratios
special discounts
mortgagor
8. Money given to someone on condition the person will return the money and interest by a specific date
loan
preference shares
compounded monthly
maximum
9. The amount of money borrowed is between 75% - 95% of the purchase price
extention
residual value
high-ratio mortgage
data
10. Investing in a well-established company
medium risk investment
the four helpful calculating tools
sensitivity analysis
shares
11. The lowest number in a group of data
minimum
lease
parameter
the four helpful calculating tools
12. When two ratios are equal
compounded interest
proportion
compounded monthly
amortization schedule
13. Interest calculated on the principal plus any accumulated interest
risk
multi modal
compounded interest
compounded quarterly
14. The difference between the highest and lowest numbers in a set of data
multiplier
range
per diem
compounded annually
15. Number calculated from population data
cross-footing
parameter
front-loaded
data
16. Parts of a whole number
fractions
conventional mortgage
foreign currency exchange
front-loaded
17. The first number
multiplicand
divisor
real property
parameter
18. electronic - portable (pocket) - computer - spreadsheets
capital cost allowance
the four helpful calculating tools
proportion
risk
19. Something that is expected to return a profit
sample
collateral
investment
interest
20. Security for a loan
weighted average
collateral
the four helpful calculating tools
p.a.
21. Preference and common
divisor
the two main types of shares
high-ratio mortgage
retired or amortized
22. you may get a large return or get nothing
the four helpful calculating tools
high risk investment
p.a.
lessee
23. Provide a specific dividend that is paid before any dividends are paid to common stock holders
foreclosure
balance sheet
preference shares
the four helpful calculating tools
24. Property other than real estate (often called a chattel mortgage)
data
complete enumeration survey
personal property
multi modal
25. Share of the profits of a company
bonds
maximum
trade discount
dividend
26. An item of data the stays the same
constant
income statement
foreign currency exchange
lessor
27. A bill
minimum
assets
mortgagor
invoice
28. The info collected from a survey and the figures generated through statistical analysis
data
variable
risk
ratio
29. A complete set of individuals - objects or scores being studied
population
cross-footing
foreign currency exchange
high risk investment
30. A portion of the population being studied
sample
term
compounded sem-annually
constant
31. The number to be divided by
interest
dividend
liabilities
sample
32. A loan
mortgage
mortgagee
data
liabilities
33. Interest calculated on the principle
simple interest
bottom line figures
mode
preference shares
34. Shows the assets - liabilities and financial position of the company
liabilities
lessor
mortgagor
balance sheet
35. The person paying to borrow property for a certain amount of time for payments
extention
lessee
sales commission
p.a.
36. Algebraic - arithmetic
compounded sem-annually
the two methods calculators use to process information
variable
money factor
37. Per day
parameter
compounded annually
preference shares
per diem
38. Paid in full
the four helpful calculating tools
sample
weighted average
retired or amortized
39. Things you own
balance sheet
compounded annually
variable
assets
40. used when the each piece of data has more than one component
compounded monthly
income statement
weighted average
p.a.
41. Interest is paid 365 times a year
mortgage
mean
high risk investment
compounded daily
42. Interest is paid four times a year
the four helpful calculating tools
weighted average
default
compounded quarterly
43. Shows the money coming in and expenses for a certain period of time.
compounded monthly
income statement
price earnings ratios
money factor
44. Costs that remain constant
fixed costs
retired or amortized
sensitivity analysis
residual value
45. The price after any down-payment or trade-in
net capitalized cost
median
percent
risk
46. real estate (houses - condos - warehouses - factories - etc)
fixed costs
real property
compounded sem-annually
risk
47. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
lessee
amortization schedule
weighted average
48. Per annum - yearly
p.a.
variable
personal property
chain discounts
49. Interest is paid twelve times a year
extention
compounded monthly
multiplicand
dividend
50. (simple average) adding the group of items and dividing by the total number of items
amortization schedule
mean
the two main types of shares
mortgage