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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. Paid in full
dividend
sales commission
retired or amortized
special discounts
2. Costs that remain constant
constant
personal property
retired or amortized
fixed costs
3. you may get a large return or get nothing
weighted average
minimum
multi modal
high risk investment
4. Per annum - yearly
minimum
residual value
p.a.
variable costs
5. The number you are dividing by
real property
fixed costs
loan
divisor
6. Costs that fluctuate
percent
foreign currency exchange
variable costs
shares
7. Number calculated from population data
parameter
compounded interest
dividend
price earnings ratios
8. A complete set of individuals - objects or scores being studied
population
sample
collateral
multiplier
9. The lender
real property
amortization schedule
income statement
mortgagee
10. Money earned on an investment or paid on a loan
statistic
dividend
extention
interest
11. Something that is expected to return a profit
personal property
mortgagee
investment
interest
12. The number you are multipliying by
investment
multiplicand
multiplier
personal property
13. Where info is collected for every unit of the population
complete enumeration survey
compounded sem-annually
fractions
lessor
14. of one hundred
term
dividend
percent
the two types of interest
15. Interest is paid 365 times a year
compounded daily
p.a.
compounded monthly
dividend
16. Investing in a well-established company
medium risk investment
price earnings ratios
compounded daily
sales commission
17. Interest is paid twelve times a year
compounded monthly
low risk investment
chain discounts
weighted average
18. The amount the property is worth at the end of the lease
dividend
residual value
compounded sem-annually
p.a.
19. loans to companies or goverments (no voting rights)
compounded daily
liabilities
loan
bonds
20. A bill
shares
invoice
cash flow
proportion
21. (simple average) adding the group of items and dividing by the total number of items
high risk investment
mean
compounded annually
the two types of interest
22. The price after any down-payment or trade-in
net capitalized cost
term
residual value
interest
23. Property other than real estate (often called a chattel mortgage)
simple interest
personal property
amortization schedule
collateral
24. The final figures
cross-footing
median
statistic
bottom line figures
25. used when the each piece of data has more than one component
variable costs
capital cost allowance
weighted average
compounded monthly
26. Interest is paid twice a year
compounded sem-annually
sales commission
special discounts
mode
27. The difference between the highest and lowest numbers in a set of data
price earnings ratios
range
mode
multiplier
28. More than one frequently occuring value in a group of data
the three items that may have to be subracted from the gross return figure when calculating net return
income statement
multi modal
sample
29. Shows the money coming in and expenses for a certain period of time.
mode
shares
price earnings ratios
income statement
30. A chart that shows the balance of the mortgage after each amortization period
capital cost allowance
the two methods calculators use to process information
amortization schedule
loan
31. The borrower
the four helpful calculating tools
median
mortgagor
divisor
32. Security for a loan
compounded interest
sample
break even point
collateral
33. The point where income and expenses intersect (no loss or profit)
break even point
front-loaded
conventional mortgage
default
34. Discounts offered to encourage customers to pay their bills on time
lessee
collateral
cash discounts
cross-footing
35. Non-payment
default
extention
multi modal
amortization schedule
36. The highest number in a group of data
maximum
lessee
amortization schedule
retired or amortized
37. Simple and compound
sample
the two types of interest
range
net capitalized cost
38. A portion of the population being studied
sample
money factor
compounded monthly
maximum
39. Interest calculated on the principal plus any accumulated interest
multi modal
maximum
compounded interest
personal property
40. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
cash discounts
multiplicand
mortgagee
41. Deciding if its worth the risk
sensitivity analysis
default
residual value
weighted average
42. The person paying to borrow property for a certain amount of time for payments
statistic
compounded daily
multiplier
lessee
43. A percentage discount to customers
multiplier
special discounts
break even point
foreclosure
44. The amount of money borrowed is between 75% - 95% of the purchase price
default
dividend
compounded sem-annually
high-ratio mortgage
45. Paid dividends after the preference shares have been paid
income statement
money factor
complete enumeration survey
common shares
46. The length of time until the debt is zero
amortization period
the three items that may have to be subracted from the gross return figure when calculating net return
compounded monthly
mean
47. Amounts of money you owe
sample
liabilities
variable costs
conventional mortgage
48. A number calculated from sample data
bottom line figures
compounded quarterly
invoice
statistic
49. Algebraic - arithmetic
sample
dividend
the two methods calculators use to process information
multi modal
50. A rate that one currency can be exchanged for another
foreign currency exchange
lease
capital cost allowance
the three items that may have to be subracted from the gross return figure when calculating net return
Can you answer 50 questions in 15 minutes?
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