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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 info collected from a survey and the figures generated through statistical analysis
collateral
data
the two main types of shares
mortgage
2. Costs that remain constant
fixed costs
range
mean
maximum
3. A portion of the population being studied
invoice
sample
balance sheet
overtime
4. A series of discounts
chain discounts
compounded monthly
parameter
shares
5. Per day
lessee
divisor
mortgage
per diem
6. Interest is paid once a year
simple interest
balance sheet
the two main types of shares
compounded annually
7. of one hundred
multiplicand
percent
interest
retired or amortized
8. Paid in full
lease
fractions
retired or amortized
lessee
9. A contract giving someone the right to use something for a certain length of time
retired or amortized
low risk investment
simple interest
lease
10. Number calculated from population data
the two main types of shares
parameter
common shares
weighted average
11. The depreciation of an asset as an expense
capital cost allowance
cash discounts
compounded monthly
common shares
12. used when the each piece of data has more than one component
maximum
weighted average
multiplier
high risk investment
13. Interest is paid twice a year
mortgagor
lessor
compounded sem-annually
foreign currency exchange
14. Amount of money coming in and going out of your business monthly
range
cash flow
lessor
the two methods calculators use to process information
15. Part ownership in a company
the two methods calculators use to process information
shares
multiplier
loan
16. Provide a specific dividend that is paid before any dividends are paid to common stock holders
variable
data
preference shares
loan
17. Simple and compound
the two types of interest
personal property
risk
overtime
18. real estate (houses - condos - warehouses - factories - etc)
income statement
cross-footing
real property
lease
19. When two ratios are equal
cash flow
medium risk investment
interest
proportion
20. Discounts offered to encourage customers to pay their bills on time
real property
bonds
cash discounts
ratio
21. A rate that one currency can be exchanged for another
foreign currency exchange
bonds
multi modal
the three items that may have to be subracted from the gross return figure when calculating net return
22. Interest is paid twelve times a year
mortgagor
lease
mode
compounded monthly
23. (simple average) adding the group of items and dividing by the total number of items
percent
mean
compounded interest
compounded annually
24. Interest calculated on the principle
bonds
chain discounts
assets
simple interest
25. Share of the profits of a company
mortgage
trade discount
lessee
dividend
26. A complete set of individuals - objects or scores being studied
fractions
price earnings ratios
population
range
27. Security for a loan
lessee
data
cross-footing
collateral
28. Shows the money coming in and expenses for a certain period of time.
conventional mortgage
income statement
invoice
cash flow
29. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
data
trade discount
balance sheet
30. A number calculated from sample data
statistic
foreclosure
capital cost allowance
mean
31. Preference and common
maximum
overtime
the four helpful calculating tools
the two main types of shares
32. Deciding if its worth the risk
bonds
compounded monthly
statistic
sensitivity analysis
33. The length of time until the debt is zero
default
dividend
amortization period
statistic
34. A percentage discount for buyers associated with the products being sold
percent
liabilities
trade discount
invoice
35. Where info is collected for every unit of the population
mortgagee
term
foreclosure
complete enumeration survey
36. you may get a large return or get nothing
amortization period
common shares
high risk investment
assets
37. The first number
multiplicand
collateral
assets
variable costs
38. Per annum - yearly
p.a.
balance sheet
statistic
compounded quarterly
39. Property other than real estate (often called a chattel mortgage)
multiplier
variable
chain discounts
personal property
40. A decimal figure when x by 2400 gives an approximate annual interest rate
parameter
mortgage
proportion
money factor
41. The unexpected variablility of returns
mode
range
low risk investment
risk
42. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
trade discount
capital cost allowance
the two methods calculators use to process information
43. Costs that fluctuate
cash discounts
medium risk investment
bonds
variable costs
44. The highest number in a group of data
maximum
mortgagee
medium risk investment
default
45. Algebraic - arithmetic
high risk investment
the two methods calculators use to process information
population
the two types of interest
46. Commission fee - inflation rate - capital gains tax
collateral
the three items that may have to be subracted from the gross return figure when calculating net return
mortgagee
foreign currency exchange
47. The number you are dividing by
p.a.
sensitivity analysis
lessee
divisor
48. loans to companies or goverments (no voting rights)
bonds
investment
front-loaded
mortgagor
49. Interest is paid four times a year
ratio
compounded quarterly
weighted average
common shares
50. Parts of a whole number
sales commission
ratio
fractions
shares