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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 lowest number in a group of data
sales commission
the two methods calculators use to process information
minimum
price earnings ratios
2. Things you own
assets
mortgagor
percent
cash flow
3. A portion of the population being studied
the two methods calculators use to process information
sample
bonds
overtime
4. Share of the profits of a company
dividend
mode
investment
variable
5. The highest number in a group of data
weighted average
mode
the three items that may have to be subracted from the gross return figure when calculating net return
maximum
6. (simple average) adding the group of items and dividing by the total number of items
preference shares
real property
mean
compounded daily
7. The depreciation of an asset as an expense
compounded daily
dividend
capital cost allowance
bonds
8. Commission fee - inflation rate - capital gains tax
shares
net capitalized cost
the three items that may have to be subracted from the gross return figure when calculating net return
dividend
9. Amounts of money you owe
weighted average
liabilities
variable costs
mortgagee
10. Costs that fluctuate
sales commission
variable costs
low risk investment
compounded sem-annually
11. Interest is paid 365 times a year
compounded daily
high-ratio mortgage
cash discounts
complete enumeration survey
12. A chart that shows the balance of the mortgage after each amortization period
constant
high risk investment
extention
amortization schedule
13. The amount the property is worth at the end of the lease
residual value
term
risk
sales commission
14. Simple and compound
minimum
real property
compounded monthly
the two types of interest
15. Time worked beyond the established working hours
cash discounts
overtime
default
extention
16. A percentage discount to customers
net capitalized cost
cross-footing
special discounts
sales commission
17. A loan
variable
median
mortgage
high risk investment
18. Money earned on an investment or paid on a loan
amortization period
interest
compounded annually
extention
19. Per annum - yearly
dividend
percent
fractions
p.a.
20. The difference between the highest and lowest numbers in a set of data
range
compounded quarterly
dividend
multiplicand
21. Something that is expected to return a profit
foreclosure
fixed costs
investment
percent
22. Discounts offered to encourage customers to pay their bills on time
cash discounts
mode
bonds
p.a.
23. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
multi modal
high risk investment
mortgagor
24. Interest calculated on the principle
simple interest
mortgagor
lessor
preference shares
25. The number to be divided by
chain discounts
compounded daily
dividend
cross-footing
26. The amount of money borrowed is between 75% - 95% of the purchase price
cross-footing
the two main types of shares
extention
high-ratio mortgage
27. Parts of a whole number
bonds
extention
fractions
maximum
28. Provide a specific dividend that is paid before any dividends are paid to common stock holders
variable costs
lessor
preference shares
shares
29. The unexpected variablility of returns
lessor
extention
net capitalized cost
risk
30. Amount of money coming in and going out of your business monthly
minimum
invoice
cash flow
compounded interest
31. The borrower
dividend
capital cost allowance
money factor
mortgagor
32. Shows the assets - liabilities and financial position of the company
interest
invoice
sample
balance sheet
33. The total of units multiplied by the price
extention
real property
compounded quarterly
multi modal
34. An item of data that has a different value at different times
variable
break even point
low risk investment
retired or amortized
35. Algebraic - arithmetic
variable
compounded interest
statistic
the two methods calculators use to process information
36. A bill
p.a.
foreclosure
invoice
bonds
37. More than one frequently occuring value in a group of data
multi modal
the two methods calculators use to process information
proportion
price earnings ratios
38. A rate that one currency can be exchanged for another
per diem
balance sheet
foreign currency exchange
mean
39. The point where income and expenses intersect (no loss or profit)
mortgagee
risk
low risk investment
break even point
40. The length of time until the debt is zero
multiplicand
amortization period
the two types of interest
shares
41. A complete set of individuals - objects or scores being studied
population
amortization period
default
break even point
42. The most frequently occuring value in a group of data
mode
bonds
foreign currency exchange
the two methods calculators use to process information
43. of one hundred
compounded sem-annually
ratio
high risk investment
percent
44. Costs that remain constant
special discounts
income statement
fixed costs
overtime
45. Where info is collected for every unit of the population
complete enumeration survey
invoice
mortgagee
lessor
46. Interest is paid four times a year
compounded sem-annually
compounded quarterly
cash discounts
the two main types of shares
47. The money paid to an employee based on a percentage of their sales
loan
population
sales commission
cash flow
48. Interest is paid twice a year
compounded sem-annually
percent
simple interest
variable costs
49. loans to companies or goverments (no voting rights)
percent
mode
bonds
data
50. used when the each piece of data has more than one component
weighted average
compounded interest
sensitivity analysis
compounded daily