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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. Interest is paid 365 times a year
compounded daily
term
capital cost allowance
high-ratio mortgage
2. A series of discounts
invoice
high risk investment
bottom line figures
chain discounts
3. An item of data that has a different value at different times
extention
compounded sem-annually
variable
high risk investment
4. The total of units multiplied by the price
cross-footing
extention
mortgage
price earnings ratios
5. The borrower
investment
mortgagor
divisor
preference shares
6. The number to be divided by
amortization period
dividend
personal property
the two main types of shares
7. The number you are dividing by
divisor
mortgagee
multiplicand
bonds
8. The score that falls in the middle
complete enumeration survey
proportion
median
mortgagee
9. Discounts offered to encourage customers to pay their bills on time
special discounts
the two types of interest
sample
cash discounts
10. Where info is collected for every unit of the population
mortgage
net capitalized cost
multiplicand
complete enumeration survey
11. A bill
sales commission
median
compounded annually
invoice
12. The final figures
mortgagor
sensitivity analysis
bottom line figures
the four helpful calculating tools
13. The price after any down-payment or trade-in
net capitalized cost
median
sample
front-loaded
14. More than one frequently occuring value in a group of data
multi modal
parameter
chain discounts
compounded quarterly
15. Costs that remain constant
statistic
fixed costs
mortgagee
front-loaded
16. A chart that shows the balance of the mortgage after each amortization period
cash flow
conventional mortgage
break even point
amortization schedule
17. Time worked beyond the established working hours
amortization period
overtime
bonds
term
18. The highest number in a group of data
default
amortization schedule
maximum
price earnings ratios
19. A comparison of two numbers
liabilities
complete enumeration survey
ratio
multiplier
20. The length of the loan
invoice
trade discount
the two types of interest
term
21. The amount of money borrowed is less than 75% of the purchase price
mortgagee
conventional mortgage
the two types of interest
fixed costs
22. A decimal figure when x by 2400 gives an approximate annual interest rate
amortization schedule
multiplicand
weighted average
money factor
23. The money paid to an employee based on a percentage of their sales
statistic
sales commission
weighted average
cross-footing
24. A complete set of individuals - objects or scores being studied
population
income statement
range
the two main types of shares
25. Things you own
lease
interest
assets
percent
26. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
sales commission
front-loaded
the two methods calculators use to process information
27. Part ownership in a company
cash flow
common shares
shares
compounded interest
28. The interest amount is small - but you are guaranteed to get something
low risk investment
cross-footing
the three items that may have to be subracted from the gross return figure when calculating net return
the four helpful calculating tools
29. you may get a large return or get nothing
compounded quarterly
high risk investment
parameter
dividend
30. Interest is paid twelve times a year
compounded annually
compounded monthly
high risk investment
default
31. The length of time until the debt is zero
dividend
variable
amortization period
constant
32. The unexpected variablility of returns
sample
the three items that may have to be subracted from the gross return figure when calculating net return
risk
the two main types of shares
33. A percentage discount to customers
special discounts
foreign currency exchange
multi modal
the two types of interest
34. The majority of the early payments go toward paying the interest on the loan
the three items that may have to be subracted from the gross return figure when calculating net return
per diem
front-loaded
compounded interest
35. The lowest number in a group of data
minimum
balance sheet
compounded daily
sensitivity analysis
36. Money earned on an investment or paid on a loan
sensitivity analysis
interest
break even point
constant
37. Interest is paid once a year
complete enumeration survey
interest
compounded annually
preference shares
38. Shows the assets - liabilities and financial position of the company
median
balance sheet
population
mortgagee
39. The person paying to borrow property for a certain amount of time for payments
lessee
investment
the two types of interest
preference shares
40. The owner of the property
income statement
lessor
proportion
sales commission
41. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
the two main types of shares
minimum
overtime
42. A rate that one currency can be exchanged for another
foreign currency exchange
compounded annually
maximum
dividend
43. (simple average) adding the group of items and dividing by the total number of items
dividend
mean
real property
data
44. Commission fee - inflation rate - capital gains tax
overtime
statistic
the three items that may have to be subracted from the gross return figure when calculating net return
complete enumeration survey
45. Costs that fluctuate
compounded quarterly
invoice
foreign currency exchange
variable costs
46. Interest calculated on the principal plus any accumulated interest
compounded interest
cash discounts
cross-footing
foreclosure
47. Preference and common
chain discounts
weighted average
the two main types of shares
mortgagor
48. The info collected from a survey and the figures generated through statistical analysis
sales commission
default
variable costs
data
49. The amount the property is worth at the end of the lease
cash discounts
trade discount
compounded annually
residual value
50. The lender
amortization schedule
mortgagee
multiplier
sensitivity analysis