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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. A comparison of two numbers
extention
ratio
capital cost allowance
foreign currency exchange
2. Commission fee - inflation rate - capital gains tax
shares
multiplier
the three items that may have to be subracted from the gross return figure when calculating net return
bottom line figures
3. Money earned on an investment or paid on a loan
interest
dividend
compounded annually
liabilities
4. Non-payment
lessor
default
retired or amortized
low risk investment
5. The interest amount is small - but you are guaranteed to get something
risk
low risk investment
bottom line figures
residual value
6. of one hundred
money factor
term
cash flow
percent
7. The final figures
bottom line figures
per diem
retired or amortized
maximum
8. The money paid to an employee based on a percentage of their sales
term
the two types of interest
investment
sales commission
9. (simple average) adding the group of items and dividing by the total number of items
high risk investment
personal property
range
mean
10. Interest is paid twelve times a year
extention
mortgagee
multiplicand
compounded monthly
11. Paid dividends after the preference shares have been paid
personal property
common shares
multi modal
amortization schedule
12. The amount the property is worth at the end of the lease
investment
residual value
overtime
population
13. Shows the money coming in and expenses for a certain period of time.
income statement
high-ratio mortgage
price earnings ratios
weighted average
14. The number to be divided by
compounded sem-annually
dividend
per diem
high risk investment
15. Paid in full
sample
percent
retired or amortized
medium risk investment
16. you may get a large return or get nothing
lessee
high risk investment
personal property
cash discounts
17. The info collected from a survey and the figures generated through statistical analysis
front-loaded
data
lessee
low risk investment
18. The borrower
balance sheet
mortgagor
high risk investment
the two methods calculators use to process information
19. Things you own
mortgage
high risk investment
assets
median
20. Time worked beyond the established working hours
compounded daily
overtime
money factor
complete enumeration survey
21. The price after any down-payment or trade-in
compounded sem-annually
invoice
foreclosure
net capitalized cost
22. The lender
statistic
range
amortization period
mortgagee
23. Interest is paid four times a year
compounded quarterly
the two main types of shares
risk
front-loaded
24. Interest calculated on the principal plus any accumulated interest
medium risk investment
compounded interest
the two main types of shares
trade discount
25. The number you are multipliying by
multiplier
dividend
weighted average
liabilities
26. The lowest number in a group of data
maximum
minimum
conventional mortgage
variable costs
27. Discounts offered to encourage customers to pay their bills on time
high-ratio mortgage
cash discounts
net capitalized cost
fractions
28. A loan
compounded interest
mortgagor
mortgage
common shares
29. A complete set of individuals - objects or scores being studied
foreign currency exchange
dividend
population
amortization period
30. Costs that remain constant
balance sheet
fixed costs
compounded sem-annually
the two methods calculators use to process information
31. Algebraic - arithmetic
maximum
the two methods calculators use to process information
dividend
price earnings ratios
32. Simple and compound
money factor
price earnings ratios
mortgagee
the two types of interest
33. The length of the loan
term
statistic
multiplicand
break even point
34. Amount of money coming in and going out of your business monthly
assets
cash flow
personal property
fixed costs
35. Where info is collected for every unit of the population
invoice
complete enumeration survey
multiplicand
ratio
36. Part ownership in a company
mean
invoice
complete enumeration survey
shares
37. A percentage discount to customers
chain discounts
minimum
compounded sem-annually
special discounts
38. A contract giving someone the right to use something for a certain length of time
cross-footing
lease
simple interest
special discounts
39. The first number
mean
multiplicand
statistic
ratio
40. Deciding if its worth the risk
sensitivity analysis
compounded sem-annually
data
high risk investment
41. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
money factor
bottom line figures
extention
42. An item of data that has a different value at different times
variable
range
term
median
43. A number calculated from sample data
proportion
money factor
the two types of interest
statistic
44. Interest calculated on the principle
front-loaded
simple interest
liabilities
the three items that may have to be subracted from the gross return figure when calculating net return
45. The amount of money borrowed is less than 75% of the purchase price
medium risk investment
fixed costs
conventional mortgage
cash flow
46. The most frequently occuring value in a group of data
mode
default
multi modal
money factor
47. When two ratios are equal
per diem
multi modal
collateral
proportion
48. The score that falls in the middle
p.a.
ratio
weighted average
median
49. The total of units multiplied by the price
mode
extention
low risk investment
cash flow
50. The majority of the early payments go toward paying the interest on the loan
lessee
net capitalized cost
medium risk investment
front-loaded
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