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Test your basic knowledge |
DSST Business Math Vocab 2
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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 point where income and expenses intersect (no loss or profit)
investment
dividend
break even point
per diem
2. The info collected from a survey and the figures generated through statistical analysis
lessor
residual value
high risk investment
data
3. The total of units multiplied by the price
multi modal
retired or amortized
percent
extention
4. A percentage discount to customers
constant
special discounts
amortization schedule
compounded daily
5. Time worked beyond the established working hours
term
the two methods calculators use to process information
investment
overtime
6. Per annum - yearly
mortgagee
p.a.
population
proportion
7. Non-payment
foreclosure
p.a.
retired or amortized
default
8. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
compounded daily
balance sheet
investment
9. A complete set of individuals - objects or scores being studied
the two main types of shares
population
amortization schedule
statistic
10. Deciding if its worth the risk
compounded quarterly
compounded daily
default
sensitivity analysis
11. Preference and common
loan
the two main types of shares
ratio
default
12. Amount of money coming in and going out of your business monthly
cash flow
mortgage
overtime
foreclosure
13. Provide a specific dividend that is paid before any dividends are paid to common stock holders
sensitivity analysis
preference shares
common shares
compounded annually
14. used when the each piece of data has more than one component
chain discounts
the two main types of shares
weighted average
constant
15. Costs that fluctuate
variable costs
assets
cross-footing
parameter
16. The lowest number in a group of data
dividend
parameter
minimum
investment
17. Interest calculated on the principle
liabilities
fixed costs
simple interest
mode
18. Interest is paid twice a year
retired or amortized
per diem
compounded sem-annually
conventional mortgage
19. A contract giving someone the right to use something for a certain length of time
lease
the two methods calculators use to process information
high risk investment
collateral
20. Where info is collected for every unit of the population
shares
mortgage
complete enumeration survey
liabilities
21. A percentage discount for buyers associated with the products being sold
compounded monthly
trade discount
fractions
money factor
22. real estate (houses - condos - warehouses - factories - etc)
real property
per diem
default
statistic
23. The number you are multipliying by
shares
income statement
multiplier
mortgage
24. Costs that remain constant
medium risk investment
fixed costs
common shares
weighted average
25. Amounts of money you owe
sensitivity analysis
high-ratio mortgage
amortization schedule
liabilities
26. The depreciation of an asset as an expense
mean
compounded annually
common shares
capital cost allowance
27. A decimal figure when x by 2400 gives an approximate annual interest rate
per diem
money factor
medium risk investment
capital cost allowance
28. An item of data the stays the same
sample
interest
mortgagee
constant
29. The highest number in a group of data
mortgagor
sales commission
break even point
maximum
30. Property other than real estate (often called a chattel mortgage)
default
personal property
compounded interest
lessee
31. Per day
default
per diem
foreign currency exchange
sales commission
32. Interest calculated on the principal plus any accumulated interest
retired or amortized
residual value
net capitalized cost
compounded interest
33. The final figures
bottom line figures
dividend
cross-footing
parameter
34. Shows the money coming in and expenses for a certain period of time.
income statement
weighted average
lessor
capital cost allowance
35. Investing in a well-established company
low risk investment
mortgage
multiplicand
medium risk investment
36. of one hundred
proportion
sensitivity analysis
median
percent
37. Paid dividends after the preference shares have been paid
multiplicand
fractions
the three items that may have to be subracted from the gross return figure when calculating net return
common shares
38. The score that falls in the middle
preference shares
median
investment
mortgagor
39. The interest amount is small - but you are guaranteed to get something
low risk investment
lessor
residual value
per diem
40. Discounts offered to encourage customers to pay their bills on time
front-loaded
cash discounts
real property
maximum
41. The price after any down-payment or trade-in
multiplicand
high-ratio mortgage
population
net capitalized cost
42. Interest is paid once a year
loan
personal property
p.a.
compounded annually
43. Part ownership in a company
mode
shares
risk
sensitivity analysis
44. A series of discounts
data
chain discounts
fixed costs
preference shares
45. The length of time until the debt is zero
cash discounts
compounded annually
amortization period
shares
46. Share of the profits of a company
overtime
dividend
default
personal property
47. The length of the loan
percent
parameter
term
multi modal
48. A bill
data
bonds
personal property
invoice
49. The amount the property is worth at the end of the lease
extention
residual value
amortization period
assets
50. Interest is paid 365 times a year
real property
compounded daily
price earnings ratios
common shares
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