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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. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
assets
balance sheet
constant
2. The lender
mode
cross-footing
mortgagee
weighted average
3. The total of units multiplied by the price
bonds
extention
multiplicand
compounded quarterly
4. The money paid to an employee based on a percentage of their sales
sales commission
compounded annually
high-ratio mortgage
variable
5. The process of repossessing and selling the real or personal property when the borrower has defaulted
retired or amortized
foreclosure
price earnings ratios
sales commission
6. The first number
mortgage
net capitalized cost
cross-footing
multiplicand
7. Interest is paid once a year
the four helpful calculating tools
percent
maximum
compounded annually
8. A comparison of two numbers
extention
proportion
foreclosure
ratio
9. Interest calculated on the principal plus any accumulated interest
multi modal
mortgagor
data
compounded interest
10. The borrower
lessee
net capitalized cost
per diem
mortgagor
11. Preference and common
the two main types of shares
retired or amortized
parameter
overtime
12. The majority of the early payments go toward paying the interest on the loan
median
compounded interest
front-loaded
money factor
13. Property other than real estate (often called a chattel mortgage)
personal property
divisor
mortgagee
collateral
14. The difference between the highest and lowest numbers in a set of data
amortization period
range
break even point
investment
15. you may get a large return or get nothing
compounded daily
high risk investment
mean
amortization period
16. A loan
mortgage
population
investment
risk
17. A portion of the population being studied
sample
money factor
data
proportion
18. real estate (houses - condos - warehouses - factories - etc)
real property
net capitalized cost
loan
money factor
19. A number calculated from sample data
mode
trade discount
percent
statistic
20. The final figures
real property
bottom line figures
cash flow
data
21. Time worked beyond the established working hours
per diem
overtime
percent
loan
22. Money earned on an investment or paid on a loan
trade discount
default
interest
conventional mortgage
23. The score that falls in the middle
high-ratio mortgage
liabilities
the two methods calculators use to process information
median
24. A decimal figure when x by 2400 gives an approximate annual interest rate
common shares
the two methods calculators use to process information
risk
money factor
25. The lowest number in a group of data
dividend
default
multiplier
minimum
26. Paid dividends after the preference shares have been paid
common shares
foreclosure
simple interest
weighted average
27. electronic - portable (pocket) - computer - spreadsheets
lessee
proportion
the four helpful calculating tools
extention
28. Security for a loan
lessor
collateral
mortgagor
range
29. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
variable costs
special discounts
sample
30. The amount the property is worth at the end of the lease
range
conventional mortgage
residual value
parameter
31. A percentage discount for buyers associated with the products being sold
the two types of interest
proportion
compounded quarterly
trade discount
32. Interest is paid 365 times a year
p.a.
trade discount
conventional mortgage
compounded daily
33. The interest amount is small - but you are guaranteed to get something
low risk investment
sample
the three items that may have to be subracted from the gross return figure when calculating net return
invoice
34. A rate that one currency can be exchanged for another
median
compounded annually
break even point
foreign currency exchange
35. An item of data the stays the same
the three items that may have to be subracted from the gross return figure when calculating net return
multi modal
constant
the two main types of shares
36. Things you own
mortgagee
population
price earnings ratios
assets
37. Discounts offered to encourage customers to pay their bills on time
high risk investment
dividend
cash discounts
constant
38. The number you are dividing by
fixed costs
price earnings ratios
common shares
divisor
39. Parts of a whole number
median
lessee
fractions
ratio
40. Interest is paid twelve times a year
residual value
lessee
compounded monthly
foreclosure
41. A percentage discount to customers
special discounts
collateral
sensitivity analysis
minimum
42. Provide a specific dividend that is paid before any dividends are paid to common stock holders
risk
the two main types of shares
preference shares
real property
43. Amount of money coming in and going out of your business monthly
the two methods calculators use to process information
cash flow
loan
fractions
44. An item of data that has a different value at different times
sensitivity analysis
population
variable
money factor
45. The depreciation of an asset as an expense
capital cost allowance
sample
loan
low risk investment
46. A series of discounts
income statement
chain discounts
front-loaded
variable
47. Interest calculated on the principle
overtime
simple interest
minimum
the two methods calculators use to process information
48. Per annum - yearly
high-ratio mortgage
p.a.
compounded daily
high risk investment
49. Paid in full
retired or amortized
risk
the four helpful calculating tools
lessee
50. loans to companies or goverments (no voting rights)
amortization schedule
interest
mode
bonds