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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 length of time until the debt is zero
amortization period
lease
personal property
investment
2. The final figures
proportion
bottom line figures
foreign currency exchange
amortization period
3. Costs that fluctuate
lease
multiplier
capital cost allowance
variable costs
4. Adding columns of figures horizontally and vertically to check that the totals agree
amortization period
foreign currency exchange
compounded daily
cross-footing
5. real estate (houses - condos - warehouses - factories - etc)
bonds
parameter
liabilities
real property
6. Simple and compound
the three items that may have to be subracted from the gross return figure when calculating net return
the two types of interest
retired or amortized
parameter
7. The interest amount is small - but you are guaranteed to get something
multi modal
income statement
low risk investment
personal property
8. Preference and common
balance sheet
the two main types of shares
risk
compounded quarterly
9. A number calculated from sample data
statistic
income statement
multiplier
conventional mortgage
10. The score that falls in the middle
statistic
mean
compounded monthly
median
11. A contract giving someone the right to use something for a certain length of time
bottom line figures
fixed costs
low risk investment
lease
12. A series of discounts
chain discounts
parameter
the two types of interest
retired or amortized
13. The amount the property is worth at the end of the lease
common shares
medium risk investment
residual value
maximum
14. A loan
front-loaded
cash discounts
proportion
mortgage
15. When two ratios are equal
simple interest
mortgage
proportion
weighted average
16. Time worked beyond the established working hours
weighted average
overtime
liabilities
high risk investment
17. Shows the assets - liabilities and financial position of the company
mortgagor
balance sheet
variable costs
special discounts
18. The highest number in a group of data
maximum
ratio
cross-footing
per diem
19. A rate that one currency can be exchanged for another
sensitivity analysis
low risk investment
foreign currency exchange
multiplier
20. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
liabilities
the four helpful calculating tools
cash discounts
21. Costs that remain constant
money factor
sales commission
divisor
fixed costs
22. Amount of money coming in and going out of your business monthly
money factor
compounded interest
cash flow
bonds
23. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
overtime
high-ratio mortgage
fixed costs
24. Share of the profits of a company
dividend
loan
lessor
interest
25. The price after any down-payment or trade-in
real property
net capitalized cost
liabilities
term
26. Property other than real estate (often called a chattel mortgage)
shares
sales commission
mortgage
personal property
27. Where info is collected for every unit of the population
compounded daily
complete enumeration survey
retired or amortized
multiplier
28. Commission fee - inflation rate - capital gains tax
balance sheet
the three items that may have to be subracted from the gross return figure when calculating net return
assets
retired or amortized
29. A complete set of individuals - objects or scores being studied
personal property
population
net capitalized cost
shares
30. The amount of money borrowed is less than 75% of the purchase price
low risk investment
compounded daily
personal property
conventional mortgage
31. Amounts of money you owe
statistic
bottom line figures
liabilities
foreclosure
32. Money earned on an investment or paid on a loan
median
compounded quarterly
interest
overtime
33. of one hundred
special discounts
risk
percent
weighted average
34. Shows the money coming in and expenses for a certain period of time.
parameter
mortgage
retired or amortized
income statement
35. An item of data the stays the same
income statement
constant
compounded monthly
invoice
36. The info collected from a survey and the figures generated through statistical analysis
simple interest
data
interest
retired or amortized
37. Per annum - yearly
the three items that may have to be subracted from the gross return figure when calculating net return
multiplier
p.a.
mortgagee
38. The amount of money borrowed is between 75% - 95% of the purchase price
bonds
the two methods calculators use to process information
high risk investment
high-ratio mortgage
39. A percentage discount for buyers associated with the products being sold
trade discount
percent
cash discounts
term
40. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
high-ratio mortgage
maximum
sales commission
41. Things you own
assets
cash discounts
bottom line figures
multi modal
42. Interest is paid 365 times a year
assets
compounded daily
trade discount
money factor
43. A portion of the population being studied
mortgage
front-loaded
collateral
sample
44. Interest is paid once a year
compounded daily
price earnings ratios
residual value
compounded annually
45. The most frequently occuring value in a group of data
break even point
mode
constant
conventional mortgage
46. Interest is paid twice a year
compounded daily
capital cost allowance
compounded sem-annually
high-ratio mortgage
47. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
per diem
statistic
extention
48. A bill
lessor
compounded annually
invoice
multi modal
49. An item of data that has a different value at different times
term
variable
collateral
cross-footing
50. The difference between the highest and lowest numbers in a set of data
foreign currency exchange
range
sensitivity analysis
risk