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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. Simple and compound
term
the two types of interest
risk
mortgagor
2. The most frequently occuring value in a group of data
amortization period
mode
conventional mortgage
multiplicand
3. The highest number in a group of data
balance sheet
maximum
personal property
median
4. Algebraic - arithmetic
percent
compounded daily
the two methods calculators use to process information
lessor
5. Commission fee - inflation rate - capital gains tax
foreclosure
variable
percent
the three items that may have to be subracted from the gross return figure when calculating net return
6. Interest is paid once a year
invoice
compounded annually
compounded quarterly
compounded interest
7. A percentage discount to customers
risk
special discounts
invoice
sales commission
8. Shows the money coming in and expenses for a certain period of time.
mean
default
income statement
multiplicand
9. Deciding if its worth the risk
sample
sensitivity analysis
fractions
high risk investment
10. Interest calculated on the principle
foreign currency exchange
collateral
simple interest
range
11. The money paid to an employee based on a percentage of their sales
high-ratio mortgage
loan
sales commission
maximum
12. Amount of money coming in and going out of your business monthly
cash flow
low risk investment
balance sheet
complete enumeration survey
13. A comparison of two numbers
ratio
constant
sample
conventional mortgage
14. The price after any down-payment or trade-in
net capitalized cost
real property
constant
sales commission
15. electronic - portable (pocket) - computer - spreadsheets
percent
extention
fixed costs
the four helpful calculating tools
16. Investing in a well-established company
the four helpful calculating tools
compounded quarterly
variable
medium risk investment
17. The final figures
default
shares
population
bottom line figures
18. Interest is paid four times a year
mortgagee
compounded quarterly
mode
constant
19. Things you own
assets
multiplicand
compounded quarterly
simple interest
20. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
compounded interest
common shares
medium risk investment
21. The majority of the early payments go toward paying the interest on the loan
shares
mortgagee
constant
front-loaded
22. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
lessee
population
capital cost allowance
23. More than one frequently occuring value in a group of data
trade discount
multi modal
high-ratio mortgage
weighted average
24. The owner of the property
mode
special discounts
overtime
lessor
25. The person paying to borrow property for a certain amount of time for payments
real property
lessee
the four helpful calculating tools
interest
26. A loan
mortgage
fixed costs
cash flow
dividend
27. The score that falls in the middle
compounded sem-annually
multi modal
sensitivity analysis
median
28. Shows the assets - liabilities and financial position of the company
balance sheet
lessee
variable costs
net capitalized cost
29. The unexpected variablility of returns
per diem
compounded daily
sample
risk
30. Paid dividends after the preference shares have been paid
money factor
personal property
common shares
the two methods calculators use to process information
31. The total of units multiplied by the price
extention
compounded monthly
the two types of interest
price earnings ratios
32. The lowest number in a group of data
multiplier
compounded annually
per diem
minimum
33. Interest is paid 365 times a year
multiplicand
mortgagee
compounded daily
dividend
34. Property other than real estate (often called a chattel mortgage)
personal property
mortgagor
high-ratio mortgage
foreign currency exchange
35. A percentage discount for buyers associated with the products being sold
trade discount
divisor
break even point
amortization schedule
36. Interest calculated on the principal plus any accumulated interest
compounded interest
default
bottom line figures
compounded annually
37. The number you are dividing by
lease
fixed costs
the two methods calculators use to process information
divisor
38. A bill
invoice
fractions
money factor
special discounts
39. used when the each piece of data has more than one component
weighted average
compounded annually
price earnings ratios
compounded daily
40. An item of data the stays the same
constant
preference shares
range
front-loaded
41. Interest is paid twice a year
default
maximum
residual value
compounded sem-annually
42. The first number
multiplicand
the two main types of shares
foreign currency exchange
default
43. A number calculated from sample data
overtime
break even point
statistic
default
44. The amount of money borrowed is less than 75% of the purchase price
compounded daily
dividend
minimum
conventional mortgage
45. Share of the profits of a company
income statement
range
dividend
common shares
46. Security for a loan
proportion
real property
collateral
amortization schedule
47. The length of the loan
high-ratio mortgage
foreign currency exchange
term
dividend
48. Indicators of the confidence investors have in a company (the higher the better)
lessor
lease
price earnings ratios
the two methods calculators use to process information
49. Part ownership in a company
sample
dividend
shares
risk
50. of one hundred
median
preference shares
compounded interest
percent
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