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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 unexpected variablility of returns
liabilities
risk
money factor
shares
2. Property other than real estate (often called a chattel mortgage)
the two main types of shares
dividend
mortgage
personal property
3. Simple and compound
fixed costs
the two types of interest
interest
sales commission
4. The length of time until the debt is zero
amortization period
residual value
break even point
front-loaded
5. A percentage discount to customers
net capitalized cost
special discounts
assets
multiplier
6. The number you are multipliying by
multiplier
maximum
lessor
fractions
7. you may get a large return or get nothing
front-loaded
high risk investment
variable
the two main types of shares
8. Paid dividends after the preference shares have been paid
the four helpful calculating tools
low risk investment
common shares
chain discounts
9. An item of data the stays the same
the two types of interest
constant
foreclosure
minimum
10. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
multiplicand
compounded daily
proportion
11. A percentage discount for buyers associated with the products being sold
compounded daily
conventional mortgage
assets
trade discount
12. The person paying to borrow property for a certain amount of time for payments
default
retired or amortized
investment
lessee
13. of one hundred
overtime
loan
income statement
percent
14. When two ratios are equal
foreign currency exchange
lessor
proportion
conventional mortgage
15. The depreciation of an asset as an expense
low risk investment
capital cost allowance
compounded daily
dividend
16. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
residual value
liabilities
personal property
17. Interest is paid twice a year
multiplicand
lease
compounded sem-annually
complete enumeration survey
18. Preference and common
common shares
the two main types of shares
mortgagee
trade discount
19. The difference between the highest and lowest numbers in a set of data
range
lessor
high risk investment
retired or amortized
20. A complete set of individuals - objects or scores being studied
mean
population
risk
chain discounts
21. Share of the profits of a company
compounded annually
risk
high-ratio mortgage
dividend
22. Interest is paid four times a year
bottom line figures
variable costs
low risk investment
compounded quarterly
23. The money paid to an employee based on a percentage of their sales
sales commission
price earnings ratios
mortgage
break even point
24. The number you are dividing by
divisor
income statement
conventional mortgage
mortgagee
25. Shows the money coming in and expenses for a certain period of time.
personal property
amortization period
income statement
front-loaded
26. Interest calculated on the principle
price earnings ratios
constant
multiplicand
simple interest
27. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
special discounts
common shares
mortgagee
28. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
the two types of interest
liabilities
weighted average
29. Amount of money coming in and going out of your business monthly
minimum
proportion
foreclosure
cash flow
30. The number to be divided by
real property
lessor
compounded annually
dividend
31. A contract giving someone the right to use something for a certain length of time
dividend
chain discounts
shares
lease
32. More than one frequently occuring value in a group of data
multi modal
maximum
money factor
price earnings ratios
33. A bill
multi modal
invoice
divisor
cash flow
34. An item of data that has a different value at different times
special discounts
income statement
variable
the two main types of shares
35. Things you own
front-loaded
assets
real property
invoice
36. A number calculated from sample data
statistic
compounded quarterly
the three items that may have to be subracted from the gross return figure when calculating net return
variable costs
37. The length of the loan
bonds
term
the three items that may have to be subracted from the gross return figure when calculating net return
cash flow
38. The amount of money borrowed is between 75% - 95% of the purchase price
foreclosure
high-ratio mortgage
complete enumeration survey
cash discounts
39. The amount the property is worth at the end of the lease
bonds
residual value
maximum
compounded sem-annually
40. Interest is paid twelve times a year
compounded monthly
mode
range
high risk investment
41. Parts of a whole number
fractions
variable
percent
sensitivity analysis
42. Investing in a well-established company
sensitivity analysis
medium risk investment
median
range
43. The lender
mortgagee
extention
conventional mortgage
collateral
44. Amounts of money you owe
compounded annually
liabilities
multiplier
conventional mortgage
45. Where info is collected for every unit of the population
p.a.
the two types of interest
complete enumeration survey
amortization period
46. The price after any down-payment or trade-in
mode
risk
conventional mortgage
net capitalized cost
47. The final figures
bottom line figures
fixed costs
medium risk investment
divisor
48. The score that falls in the middle
foreign currency exchange
median
personal property
variable
49. The lowest number in a group of data
compounded quarterly
minimum
complete enumeration survey
sales commission
50. The borrower
divisor
compounded annually
sensitivity analysis
mortgagor