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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 final figures
mode
cash flow
the three items that may have to be subracted from the gross return figure when calculating net return
bottom line figures
2. Paid dividends after the preference shares have been paid
cross-footing
the three items that may have to be subracted from the gross return figure when calculating net return
common shares
data
3. Non-payment
default
data
sales commission
common shares
4. Money given to someone on condition the person will return the money and interest by a specific date
loan
dividend
mortgage
compounded sem-annually
5. of one hundred
the two methods calculators use to process information
multiplicand
percent
bonds
6. Interest is paid twelve times a year
trade discount
parameter
multiplicand
compounded monthly
7. More than one frequently occuring value in a group of data
foreign currency exchange
multi modal
foreclosure
multiplicand
8. Per day
per diem
loan
special discounts
price earnings ratios
9. Per annum - yearly
constant
p.a.
the four helpful calculating tools
range
10. Preference and common
the two main types of shares
real property
mortgagee
term
11. A decimal figure when x by 2400 gives an approximate annual interest rate
money factor
minimum
high risk investment
complete enumeration survey
12. A rate that one currency can be exchanged for another
foreign currency exchange
chain discounts
compounded sem-annually
trade discount
13. (simple average) adding the group of items and dividing by the total number of items
overtime
fractions
per diem
mean
14. The number you are dividing by
capital cost allowance
range
special discounts
divisor
15. The difference between the highest and lowest numbers in a set of data
range
the two main types of shares
complete enumeration survey
compounded monthly
16. A series of discounts
the two types of interest
front-loaded
chain discounts
statistic
17. Interest calculated on the principal plus any accumulated interest
compounded interest
capital cost allowance
mortgagor
amortization schedule
18. The amount of money borrowed is between 75% - 95% of the purchase price
high-ratio mortgage
break even point
multi modal
proportion
19. A loan
mean
multiplicand
mortgage
ratio
20. Time worked beyond the established working hours
sensitivity analysis
overtime
compounded sem-annually
simple interest
21. Adding columns of figures horizontally and vertically to check that the totals agree
variable
break even point
cross-footing
the two types of interest
22. real estate (houses - condos - warehouses - factories - etc)
parameter
variable
real property
mode
23. Interest is paid once a year
overtime
compounded annually
compounded interest
multiplier
24. used when the each piece of data has more than one component
percent
weighted average
interest
investment
25. Paid in full
personal property
simple interest
foreign currency exchange
retired or amortized
26. The amount of money borrowed is less than 75% of the purchase price
high risk investment
data
statistic
conventional mortgage
27. The unexpected variablility of returns
sensitivity analysis
risk
liabilities
fixed costs
28. Interest calculated on the principle
dividend
simple interest
high-ratio mortgage
variable
29. A bill
special discounts
multiplicand
invoice
statistic
30. Amounts of money you owe
proportion
liabilities
real property
money factor
31. The first number
multiplicand
bottom line figures
the three items that may have to be subracted from the gross return figure when calculating net return
collateral
32. Indicators of the confidence investors have in a company (the higher the better)
simple interest
liabilities
price earnings ratios
mortgagor
33. loans to companies or goverments (no voting rights)
bonds
data
compounded monthly
cash flow
34. Shows the money coming in and expenses for a certain period of time.
variable
sales commission
income statement
the four helpful calculating tools
35. Things you own
constant
assets
parameter
mortgage
36. A percentage discount to customers
capital cost allowance
statistic
the two methods calculators use to process information
special discounts
37. The lender
sample
multiplier
statistic
mortgagee
38. Amount of money coming in and going out of your business monthly
fractions
cash flow
break even point
loan
39. The length of the loan
term
compounded sem-annually
the two types of interest
net capitalized cost
40. The most frequently occuring value in a group of data
trade discount
investment
mode
the two types of interest
41. Deciding if its worth the risk
cash flow
divisor
sensitivity analysis
mortgage
42. The number to be divided by
personal property
fractions
sample
dividend
43. A comparison of two numbers
variable
ratio
low risk investment
net capitalized cost
44. Property other than real estate (often called a chattel mortgage)
proportion
assets
personal property
minimum
45. A percentage discount for buyers associated with the products being sold
bonds
trade discount
common shares
balance sheet
46. Share of the profits of a company
dividend
foreclosure
the two types of interest
retired or amortized
47. A contract giving someone the right to use something for a certain length of time
maximum
lease
ratio
residual value
48. A number calculated from sample data
loan
statistic
per diem
conventional mortgage
49. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
investment
multi modal
trade discount
50. The lowest number in a group of data
multiplicand
front-loaded
minimum
mortgage