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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. of one hundred
interest
variable costs
percent
foreign currency exchange
2. Things you own
the three items that may have to be subracted from the gross return figure when calculating net return
front-loaded
assets
compounded interest
3. Discounts offered to encourage customers to pay their bills on time
risk
cash discounts
collateral
investment
4. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
overtime
compounded annually
per diem
5. Money given to someone on condition the person will return the money and interest by a specific date
bottom line figures
dividend
collateral
loan
6. The length of the loan
multi modal
chain discounts
term
mortgagor
7. An item of data that has a different value at different times
bottom line figures
personal property
variable
net capitalized cost
8. The final figures
parameter
bottom line figures
amortization schedule
proportion
9. A series of discounts
chain discounts
minimum
medium risk investment
high risk investment
10. The interest amount is small - but you are guaranteed to get something
income statement
cash discounts
low risk investment
the four helpful calculating tools
11. The person paying to borrow property for a certain amount of time for payments
real property
mortgagor
mean
lessee
12. Non-payment
preference shares
fractions
dividend
default
13. Interest is paid 365 times a year
variable costs
balance sheet
compounded daily
percent
14. The number to be divided by
dividend
front-loaded
fixed costs
the two types of interest
15. The highest number in a group of data
percent
maximum
sales commission
price earnings ratios
16. Deciding if its worth the risk
sensitivity analysis
capital cost allowance
sample
foreclosure
17. Interest calculated on the principle
lessor
simple interest
complete enumeration survey
cash flow
18. Interest is paid twelve times a year
percent
compounded monthly
compounded quarterly
conventional mortgage
19. (simple average) adding the group of items and dividing by the total number of items
mortgagee
data
mean
the two main types of shares
20. Interest calculated on the principal plus any accumulated interest
proportion
foreign currency exchange
compounded interest
preference shares
21. The lender
the four helpful calculating tools
mortgagee
complete enumeration survey
sales commission
22. The total of units multiplied by the price
front-loaded
multi modal
extention
bottom line figures
23. The point where income and expenses intersect (no loss or profit)
break even point
statistic
compounded quarterly
per diem
24. Costs that remain constant
the two main types of shares
constant
fixed costs
compounded daily
25. Property other than real estate (often called a chattel mortgage)
cash flow
chain discounts
income statement
personal property
26. Investing in a well-established company
foreign currency exchange
invoice
dividend
medium risk investment
27. The money paid to an employee based on a percentage of their sales
complete enumeration survey
variable costs
sales commission
medium risk investment
28. A comparison of two numbers
shares
multi modal
ratio
real property
29. A percentage discount for buyers associated with the products being sold
range
the two types of interest
trade discount
balance sheet
30. A bill
assets
the two types of interest
invoice
mortgagor
31. Preference and common
the two main types of shares
constant
the two types of interest
compounded monthly
32. The length of time until the debt is zero
mortgage
retired or amortized
the three items that may have to be subracted from the gross return figure when calculating net return
amortization period
33. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
compounded monthly
population
liabilities
34. The amount the property is worth at the end of the lease
special discounts
residual value
statistic
median
35. Share of the profits of a company
dividend
population
compounded annually
sensitivity analysis
36. Paid dividends after the preference shares have been paid
common shares
liabilities
dividend
population
37. A loan
mortgage
dividend
term
percent
38. Time worked beyond the established working hours
compounded quarterly
complete enumeration survey
overtime
weighted average
39. Amount of money coming in and going out of your business monthly
compounded interest
cash flow
variable
cash discounts
40. The price after any down-payment or trade-in
fixed costs
sales commission
net capitalized cost
fractions
41. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
compounded daily
ratio
bonds
42. you may get a large return or get nothing
per diem
liabilities
high risk investment
trade discount
43. Parts of a whole number
multiplicand
range
fractions
proportion
44. Simple and compound
the two types of interest
lease
medium risk investment
sensitivity analysis
45. Per day
foreign currency exchange
per diem
lessor
fractions
46. Shows the money coming in and expenses for a certain period of time.
income statement
money factor
mortgagor
compounded sem-annually
47. Where info is collected for every unit of the population
sales commission
mean
complete enumeration survey
mortgagor
48. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
amortization schedule
sensitivity analysis
mortgage
49. An item of data the stays the same
complete enumeration survey
extention
constant
compounded quarterly
50. Shows the assets - liabilities and financial position of the company
shares
front-loaded
percent
balance sheet