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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 average) adding the group of items and dividing by the total number of items
minimum
compounded interest
variable
mean
2. The unexpected variablility of returns
risk
net capitalized cost
per diem
parameter
3. The number you are dividing by
divisor
residual value
interest
percent
4. Paid dividends after the preference shares have been paid
retired or amortized
common shares
ratio
residual value
5. The borrower
assets
per diem
mortgagor
foreclosure
6. Shows the assets - liabilities and financial position of the company
the two types of interest
income statement
balance sheet
mortgage
7. A number calculated from sample data
conventional mortgage
statistic
multiplicand
lessor
8. The person paying to borrow property for a certain amount of time for payments
invoice
lessee
foreclosure
dividend
9. Interest calculated on the principal plus any accumulated interest
personal property
dividend
foreclosure
compounded interest
10. Something that is expected to return a profit
chain discounts
investment
compounded monthly
dividend
11. A loan
mortgage
income statement
term
minimum
12. When two ratios are equal
p.a.
residual value
default
proportion
13. real estate (houses - condos - warehouses - factories - etc)
lessor
bonds
real property
assets
14. Commission fee - inflation rate - capital gains tax
term
the three items that may have to be subracted from the gross return figure when calculating net return
investment
sensitivity analysis
15. Discounts offered to encourage customers to pay their bills on time
cash discounts
per diem
statistic
range
16. Interest is paid once a year
multiplicand
sales commission
compounded annually
percent
17. Non-payment
sales commission
compounded interest
default
risk
18. The first number
sensitivity analysis
residual value
variable
multiplicand
19. Security for a loan
the two methods calculators use to process information
p.a.
collateral
simple interest
20. The number to be divided by
dividend
liabilities
real property
divisor
21. An item of data the stays the same
mortgagor
constant
overtime
special discounts
22. The length of the loan
sales commission
fractions
percent
term
23. A complete set of individuals - objects or scores being studied
risk
population
bonds
foreclosure
24. Amount of money coming in and going out of your business monthly
fixed costs
cash flow
bonds
cash discounts
25. Provide a specific dividend that is paid before any dividends are paid to common stock holders
mode
fixed costs
preference shares
mortgagee
26. Where info is collected for every unit of the population
complete enumeration survey
the three items that may have to be subracted from the gross return figure when calculating net return
weighted average
lessor
27. Deciding if its worth the risk
compounded daily
sensitivity analysis
liabilities
divisor
28. Adding columns of figures horizontally and vertically to check that the totals agree
compounded monthly
price earnings ratios
cross-footing
invoice
29. The info collected from a survey and the figures generated through statistical analysis
balance sheet
weighted average
data
statistic
30. Paid in full
retired or amortized
fractions
data
cash flow
31. of one hundred
minimum
maximum
compounded sem-annually
percent
32. A bill
complete enumeration survey
invoice
lease
mode
33. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
preference shares
cross-footing
simple interest
34. The highest number in a group of data
maximum
residual value
assets
fractions
35. Per annum - yearly
loan
lessor
minimum
p.a.
36. A comparison of two numbers
amortization period
break even point
ratio
medium risk investment
37. Interest calculated on the principle
simple interest
amortization period
retired or amortized
compounded annually
38. Interest is paid twice a year
balance sheet
compounded sem-annually
simple interest
cross-footing
39. Costs that fluctuate
variable costs
the two methods calculators use to process information
variable
multiplicand
40. Interest is paid four times a year
risk
liabilities
compounded quarterly
assets
41. The difference between the highest and lowest numbers in a set of data
per diem
invoice
range
loan
42. A percentage discount for buyers associated with the products being sold
front-loaded
residual value
percent
trade discount
43. A percentage discount to customers
special discounts
proportion
income statement
compounded interest
44. Per day
break even point
per diem
personal property
multi modal
45. A decimal figure when x by 2400 gives an approximate annual interest rate
divisor
break even point
collateral
money factor
46. Part ownership in a company
liabilities
conventional mortgage
shares
cross-footing
47. The score that falls in the middle
constant
balance sheet
variable costs
median
48. Share of the profits of a company
dividend
lessor
cash discounts
fixed costs
49. The money paid to an employee based on a percentage of their sales
default
sales commission
data
chain discounts
50. The price after any down-payment or trade-in
extention
special discounts
dividend
net capitalized cost