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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 interest amount is small - but you are guaranteed to get something
parameter
low risk investment
preference shares
conventional mortgage
2. Time worked beyond the established working hours
overtime
the two methods calculators use to process information
front-loaded
percent
3. The score that falls in the middle
mean
median
data
lease
4. Preference and common
weighted average
the two main types of shares
invoice
dividend
5. A percentage discount to customers
sales commission
mortgagee
special discounts
the four helpful calculating tools
6. The number you are dividing by
compounded daily
divisor
dividend
mortgagee
7. you may get a large return or get nothing
term
proportion
high risk investment
assets
8. Per annum - yearly
mortgage
complete enumeration survey
p.a.
simple interest
9. Money given to someone on condition the person will return the money and interest by a specific date
multiplier
balance sheet
loan
investment
10. Indicators of the confidence investors have in a company (the higher the better)
dividend
bonds
cash discounts
price earnings ratios
11. The process of repossessing and selling the real or personal property when the borrower has defaulted
fixed costs
interest
the two main types of shares
foreclosure
12. Interest is paid once a year
compounded annually
term
collateral
mortgage
13. The borrower
liabilities
money factor
mortgagor
personal property
14. A number calculated from sample data
risk
loan
statistic
mode
15. The depreciation of an asset as an expense
mortgagor
capital cost allowance
parameter
bottom line figures
16. Investing in a well-established company
compounded annually
break even point
medium risk investment
lessor
17. Things you own
common shares
assets
bonds
amortization period
18. A contract giving someone the right to use something for a certain length of time
residual value
lease
shares
amortization schedule
19. Shows the money coming in and expenses for a certain period of time.
preference shares
chain discounts
income statement
percent
20. Adding columns of figures horizontally and vertically to check that the totals agree
amortization schedule
statistic
cross-footing
variable
21. Where info is collected for every unit of the population
mean
complete enumeration survey
the three items that may have to be subracted from the gross return figure when calculating net return
net capitalized cost
22. Number calculated from population data
trade discount
the two methods calculators use to process information
parameter
default
23. The person paying to borrow property for a certain amount of time for payments
compounded interest
lessee
the three items that may have to be subracted from the gross return figure when calculating net return
dividend
24. The info collected from a survey and the figures generated through statistical analysis
price earnings ratios
dividend
maximum
data
25. More than one frequently occuring value in a group of data
low risk investment
common shares
multi modal
per diem
26. A comparison of two numbers
overtime
lease
the two types of interest
ratio
27. Interest is paid twice a year
capital cost allowance
variable costs
conventional mortgage
compounded sem-annually
28. The first number
lessor
multiplicand
dividend
sales commission
29. A portion of the population being studied
sales commission
mortgage
sample
extention
30. The number you are multipliying by
the two methods calculators use to process information
mean
cash discounts
multiplier
31. Interest is paid 365 times a year
p.a.
maximum
compounded daily
price earnings ratios
32. A rate that one currency can be exchanged for another
foreign currency exchange
the two types of interest
dividend
mean
33. The most frequently occuring value in a group of data
mode
conventional mortgage
multiplier
retired or amortized
34. Parts of a whole number
fractions
proportion
lessee
variable costs
35. loans to companies or goverments (no voting rights)
bonds
compounded monthly
p.a.
data
36. Amount of money coming in and going out of your business monthly
compounded sem-annually
cash flow
variable
mode
37. A percentage discount for buyers associated with the products being sold
sensitivity analysis
compounded daily
lease
trade discount
38. Interest calculated on the principal plus any accumulated interest
compounded interest
amortization schedule
mean
the two main types of shares
39. used when the each piece of data has more than one component
interest
chain discounts
weighted average
lessor
40. (simple average) adding the group of items and dividing by the total number of items
mean
compounded monthly
residual value
assets
41. A series of discounts
statistic
simple interest
amortization period
chain discounts
42. Interest is paid twelve times a year
fractions
compounded monthly
residual value
loan
43. The majority of the early payments go toward paying the interest on the loan
residual value
risk
chain discounts
front-loaded
44. electronic - portable (pocket) - computer - spreadsheets
percent
compounded interest
the four helpful calculating tools
compounded monthly
45. An item of data that has a different value at different times
medium risk investment
variable
dividend
price earnings ratios
46. The amount of money borrowed is between 75% - 95% of the purchase price
compounded daily
investment
high-ratio mortgage
price earnings ratios
47. Simple and compound
special discounts
the two types of interest
term
personal property
48. A bill
mode
p.a.
capital cost allowance
invoice
49. The unexpected variablility of returns
foreclosure
the four helpful calculating tools
risk
data
50. Amounts of money you owe
liabilities
sample
sales commission
complete enumeration survey