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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 calculated on the principle
net capitalized cost
simple interest
percent
variable
2. Per day
overtime
cash flow
compounded quarterly
per diem
3. The borrower
conventional mortgage
interest
data
mortgagor
4. The majority of the early payments go toward paying the interest on the loan
extention
front-loaded
parameter
price earnings ratios
5. Indicators of the confidence investors have in a company (the higher the better)
dividend
price earnings ratios
term
sales commission
6. Things you own
the two types of interest
sample
liabilities
assets
7. A series of discounts
bonds
chain discounts
multiplier
foreclosure
8. Simple and compound
population
investment
weighted average
the two types of interest
9. A comparison of two numbers
ratio
percent
the two methods calculators use to process information
term
10. Per annum - yearly
collateral
p.a.
compounded interest
lessor
11. The money paid to an employee based on a percentage of their sales
per diem
term
sales commission
bottom line figures
12. The number you are multipliying by
special discounts
fixed costs
multiplier
weighted average
13. Costs that remain constant
dividend
overtime
fixed costs
chain discounts
14. The price after any down-payment or trade-in
investment
lessee
divisor
net capitalized cost
15. A number calculated from sample data
cross-footing
statistic
bottom line figures
compounded interest
16. Shows the assets - liabilities and financial position of the company
compounded monthly
balance sheet
multi modal
multiplicand
17. When two ratios are equal
multi modal
proportion
the four helpful calculating tools
cash discounts
18. Amount of money coming in and going out of your business monthly
cash flow
variable
the three items that may have to be subracted from the gross return figure when calculating net return
lease
19. Non-payment
shares
extention
simple interest
default
20. Shows the money coming in and expenses for a certain period of time.
mortgagee
percent
income statement
residual value
21. Provide a specific dividend that is paid before any dividends are paid to common stock holders
cash discounts
trade discount
maximum
preference shares
22. Commission fee - inflation rate - capital gains tax
fixed costs
trade discount
medium risk investment
the three items that may have to be subracted from the gross return figure when calculating net return
23. Where info is collected for every unit of the population
compounded quarterly
complete enumeration survey
constant
the three items that may have to be subracted from the gross return figure when calculating net return
24. electronic - portable (pocket) - computer - spreadsheets
statistic
the four helpful calculating tools
capital cost allowance
foreign currency exchange
25. (simple average) adding the group of items and dividing by the total number of items
low risk investment
trade discount
mean
complete enumeration survey
26. The number to be divided by
amortization schedule
personal property
fractions
dividend
27. The difference between the highest and lowest numbers in a set of data
multi modal
risk
mode
range
28. Time worked beyond the established working hours
overtime
trade discount
mortgagee
cross-footing
29. The point where income and expenses intersect (no loss or profit)
break even point
foreclosure
bottom line figures
investment
30. The process of repossessing and selling the real or personal property when the borrower has defaulted
simple interest
sample
common shares
foreclosure
31. The most frequently occuring value in a group of data
money factor
medium risk investment
per diem
mode
32. A portion of the population being studied
compounded daily
sample
amortization period
chain discounts
33. The length of time until the debt is zero
foreign currency exchange
conventional mortgage
amortization period
divisor
34. The unexpected variablility of returns
risk
term
the four helpful calculating tools
foreign currency exchange
35. real estate (houses - condos - warehouses - factories - etc)
compounded sem-annually
low risk investment
real property
dividend
36. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
mortgagee
fractions
sensitivity analysis
37. A rate that one currency can be exchanged for another
cash flow
sensitivity analysis
money factor
foreign currency exchange
38. An item of data the stays the same
risk
fixed costs
constant
sample
39. The final figures
lease
break even point
investment
bottom line figures
40. used when the each piece of data has more than one component
data
weighted average
low risk investment
trade discount
41. Money earned on an investment or paid on a loan
mortgagor
overtime
interest
simple interest
42. Paid dividends after the preference shares have been paid
p.a.
capital cost allowance
common shares
price earnings ratios
43. Number calculated from population data
parameter
sensitivity analysis
cash flow
foreclosure
44. Money given to someone on condition the person will return the money and interest by a specific date
constant
chain discounts
loan
statistic
45. The person paying to borrow property for a certain amount of time for payments
range
complete enumeration survey
residual value
lessee
46. A loan
preference shares
bottom line figures
mortgage
special discounts
47. Security for a loan
lease
collateral
front-loaded
cash discounts
48. The score that falls in the middle
complete enumeration survey
median
p.a.
foreclosure
49. A percentage discount to customers
bottom line figures
low risk investment
special discounts
cash flow
50. Investing in a well-established company
minimum
invoice
medium risk investment
trade discount