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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. Property other than real estate (often called a chattel mortgage)
compounded daily
foreign currency exchange
personal property
preference shares
2. The number you are multipliying by
loan
weighted average
low risk investment
multiplier
3. Per day
low risk investment
the four helpful calculating tools
per diem
real property
4. you may get a large return or get nothing
minimum
multi modal
compounded monthly
high risk investment
5. The info collected from a survey and the figures generated through statistical analysis
data
mortgagee
real property
the three items that may have to be subracted from the gross return figure when calculating net return
6. The number you are dividing by
medium risk investment
percent
amortization schedule
divisor
7. A percentage discount for buyers associated with the products being sold
the three items that may have to be subracted from the gross return figure when calculating net return
risk
trade discount
compounded annually
8. Money earned on an investment or paid on a loan
compounded monthly
simple interest
capital cost allowance
interest
9. An item of data the stays the same
mortgage
constant
statistic
compounded monthly
10. Investing in a well-established company
simple interest
complete enumeration survey
medium risk investment
dividend
11. The length of time until the debt is zero
price earnings ratios
shares
simple interest
amortization period
12. Provide a specific dividend that is paid before any dividends are paid to common stock holders
the two methods calculators use to process information
statistic
percent
preference shares
13. When two ratios are equal
proportion
foreign currency exchange
sales commission
sensitivity analysis
14. Non-payment
default
chain discounts
weighted average
dividend
15. Interest is paid twice a year
real property
cross-footing
foreign currency exchange
compounded sem-annually
16. Commission fee - inflation rate - capital gains tax
parameter
the three items that may have to be subracted from the gross return figure when calculating net return
invoice
variable
17. The difference between the highest and lowest numbers in a set of data
range
residual value
data
dividend
18. Amounts of money you owe
liabilities
sensitivity analysis
the two methods calculators use to process information
p.a.
19. The amount the property is worth at the end of the lease
medium risk investment
variable costs
residual value
cash discounts
20. Interest is paid twelve times a year
median
loan
compounded monthly
variable costs
21. used when the each piece of data has more than one component
weighted average
money factor
per diem
medium risk investment
22. A bill
invoice
price earnings ratios
proportion
chain discounts
23. Amount of money coming in and going out of your business monthly
bottom line figures
cash flow
foreign currency exchange
ratio
24. The point where income and expenses intersect (no loss or profit)
compounded quarterly
break even point
compounded interest
balance sheet
25. A rate that one currency can be exchanged for another
lessee
multiplier
mortgagor
foreign currency exchange
26. Interest is paid 365 times a year
simple interest
liabilities
parameter
compounded daily
27. The amount of money borrowed is less than 75% of the purchase price
investment
conventional mortgage
median
mode
28. The money paid to an employee based on a percentage of their sales
parameter
sales commission
population
term
29. Something that is expected to return a profit
investment
interest
constant
chain discounts
30. A decimal figure when x by 2400 gives an approximate annual interest rate
compounded quarterly
money factor
data
variable
31. The amount of money borrowed is between 75% - 95% of the purchase price
residual value
lease
high-ratio mortgage
medium risk investment
32. Costs that remain constant
maximum
statistic
compounded quarterly
fixed costs
33. A complete set of individuals - objects or scores being studied
complete enumeration survey
divisor
cross-footing
population
34. The unexpected variablility of returns
population
term
risk
compounded monthly
35. of one hundred
percent
lease
compounded monthly
loan
36. Simple and compound
bottom line figures
proportion
loan
the two types of interest
37. Parts of a whole number
lessor
fractions
p.a.
compounded interest
38. The lender
mortgagor
loan
mortgagee
overtime
39. The interest amount is small - but you are guaranteed to get something
low risk investment
the two methods calculators use to process information
extention
the four helpful calculating tools
40. More than one frequently occuring value in a group of data
per diem
front-loaded
median
multi modal
41. Indicators of the confidence investors have in a company (the higher the better)
amortization schedule
income statement
price earnings ratios
multiplier
42. Time worked beyond the established working hours
mean
overtime
fixed costs
preference shares
43. The depreciation of an asset as an expense
personal property
high-ratio mortgage
capital cost allowance
real property
44. Part ownership in a company
shares
median
constant
population
45. The score that falls in the middle
median
break even point
conventional mortgage
weighted average
46. Number calculated from population data
constant
parameter
retired or amortized
front-loaded
47. Adding columns of figures horizontally and vertically to check that the totals agree
compounded annually
dividend
cross-footing
chain discounts
48. A comparison of two numbers
ratio
mode
cash flow
net capitalized cost
49. The first number
percent
compounded annually
personal property
multiplicand
50. loans to companies or goverments (no voting rights)
mean
bonds
population
variable
Can you answer 50 questions in 15 minutes?
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