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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. An item of data the stays the same
constant
mortgagee
special discounts
mortgagor
2. The number you are multipliying by
balance sheet
bottom line figures
multiplier
interest
3. Amounts of money you owe
fractions
liabilities
percent
preference shares
4. Investing in a well-established company
percent
risk
high-ratio mortgage
medium risk investment
5. Interest is paid 365 times a year
fractions
compounded daily
divisor
shares
6. Indicators of the confidence investors have in a company (the higher the better)
the four helpful calculating tools
net capitalized cost
price earnings ratios
parameter
7. The most frequently occuring value in a group of data
fractions
p.a.
mode
liabilities
8. A portion of the population being studied
the four helpful calculating tools
conventional mortgage
high-ratio mortgage
sample
9. Interest calculated on the principle
minimum
statistic
trade discount
simple interest
10. A contract giving someone the right to use something for a certain length of time
shares
the two main types of shares
median
lease
11. The number to be divided by
variable
dividend
collateral
cross-footing
12. Shows the money coming in and expenses for a certain period of time.
income statement
high risk investment
ratio
constant
13. The process of repossessing and selling the real or personal property when the borrower has defaulted
bottom line figures
foreclosure
lessee
fixed costs
14. A percentage discount to customers
price earnings ratios
special discounts
median
real property
15. Paid dividends after the preference shares have been paid
the two main types of shares
cross-footing
price earnings ratios
common shares
16. The person paying to borrow property for a certain amount of time for payments
compounded daily
sales commission
mortgagee
lessee
17. real estate (houses - condos - warehouses - factories - etc)
real property
compounded annually
compounded quarterly
invoice
18. A bill
bonds
percent
invoice
conventional mortgage
19. Money earned on an investment or paid on a loan
money factor
interest
compounded quarterly
multiplicand
20. Adding columns of figures horizontally and vertically to check that the totals agree
variable
cross-footing
risk
compounded sem-annually
21. Security for a loan
invoice
collateral
minimum
conventional mortgage
22. 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
compounded annually
retired or amortized
special discounts
23. loans to companies or goverments (no voting rights)
fixed costs
interest
bonds
population
24. The total of units multiplied by the price
risk
extention
amortization schedule
interest
25. A complete set of individuals - objects or scores being studied
medium risk investment
cross-footing
population
income statement
26. The depreciation of an asset as an expense
capital cost allowance
simple interest
break even point
lessor
27. The highest number in a group of data
multi modal
maximum
price earnings ratios
bonds
28. Money given to someone on condition the person will return the money and interest by a specific date
overtime
weighted average
loan
constant
29. Preference and common
capital cost allowance
the two main types of shares
proportion
mortgagor
30. Per annum - yearly
invoice
price earnings ratios
low risk investment
p.a.
31. The lowest number in a group of data
the two main types of shares
range
divisor
minimum
32. The lender
collateral
proportion
compounded daily
mortgagee
33. Amount of money coming in and going out of your business monthly
cash flow
compounded sem-annually
high-ratio mortgage
sales commission
34. Interest is paid twice a year
fixed costs
compounded sem-annually
high risk investment
compounded interest
35. Paid in full
compounded monthly
loan
invoice
retired or amortized
36. Part ownership in a company
front-loaded
retired or amortized
shares
invoice
37. of one hundred
term
loan
variable costs
percent
38. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
cash discounts
parameter
multiplicand
39. A series of discounts
residual value
maximum
range
chain discounts
40. A chart that shows the balance of the mortgage after each amortization period
parameter
amortization schedule
personal property
minimum
41. Non-payment
default
constant
variable
invoice
42. The price after any down-payment or trade-in
amortization schedule
compounded sem-annually
divisor
net capitalized cost
43. The difference between the highest and lowest numbers in a set of data
real property
divisor
mortgage
range
44. Interest is paid twelve times a year
risk
term
liabilities
compounded monthly
45. The length of the loan
term
variable
population
investment
46. Interest is paid four times a year
chain discounts
compounded quarterly
per diem
compounded sem-annually
47. When two ratios are equal
money factor
proportion
mean
compounded quarterly
48. Per day
fixed costs
per diem
amortization schedule
mean
49. The amount of money borrowed is less than 75% of the purchase price
retired or amortized
constant
conventional mortgage
high risk investment
50. More than one frequently occuring value in a group of data
capital cost allowance
fixed costs
multi modal
cash discounts