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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. Costs that fluctuate
variable costs
amortization period
bonds
collateral
2. The number you are multipliying by
multiplier
overtime
extention
bottom line figures
3. Deciding if its worth the risk
mortgage
range
compounded sem-annually
sensitivity analysis
4. Preference and common
fixed costs
the two main types of shares
low risk investment
price earnings ratios
5. used when the each piece of data has more than one component
weighted average
parameter
invoice
ratio
6. The lowest number in a group of data
mortgagee
personal property
minimum
low risk investment
7. The amount of money borrowed is less than 75% of the purchase price
conventional mortgage
assets
cash flow
preference shares
8. Money given to someone on condition the person will return the money and interest by a specific date
loan
collateral
money factor
trade discount
9. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
multiplier
cash discounts
cross-footing
10. The amount the property is worth at the end of the lease
variable
amortization period
residual value
compounded monthly
11. Discounts offered to encourage customers to pay their bills on time
cash discounts
per diem
p.a.
fixed costs
12. The point where income and expenses intersect (no loss or profit)
p.a.
price earnings ratios
break even point
invoice
13. The price after any down-payment or trade-in
conventional mortgage
high-ratio mortgage
net capitalized cost
foreign currency exchange
14. The number to be divided by
dividend
trade discount
foreclosure
amortization schedule
15. Provide a specific dividend that is paid before any dividends are paid to common stock holders
money factor
compounded annually
compounded monthly
preference shares
16. Non-payment
default
cash discounts
mode
bonds
17. The unexpected variablility of returns
proportion
risk
the two main types of shares
percent
18. Interest calculated on the principal plus any accumulated interest
compounded interest
the two main types of shares
the two methods calculators use to process information
retired or amortized
19. Interest calculated on the principle
lease
loan
common shares
simple interest
20. The borrower
mortgagor
money factor
p.a.
chain discounts
21. Something that is expected to return a profit
net capitalized cost
cash flow
interest
investment
22. Property other than real estate (often called a chattel mortgage)
weighted average
compounded quarterly
lessor
personal property
23. A complete set of individuals - objects or scores being studied
overtime
parameter
complete enumeration survey
population
24. Money earned on an investment or paid on a loan
the four helpful calculating tools
interest
population
price earnings ratios
25. Commission fee - inflation rate - capital gains tax
ratio
range
the three items that may have to be subracted from the gross return figure when calculating net return
divisor
26. The most frequently occuring value in a group of data
parameter
mode
cash discounts
compounded monthly
27. Per annum - yearly
conventional mortgage
p.a.
lease
median
28. A percentage discount to customers
foreign currency exchange
special discounts
proportion
balance sheet
29. Interest is paid twelve times a year
compounded monthly
investment
the two types of interest
compounded daily
30. Shows the money coming in and expenses for a certain period of time.
data
income statement
population
the two main types of shares
31. Investing in a well-established company
percent
residual value
medium risk investment
chain discounts
32. A decimal figure when x by 2400 gives an approximate annual interest rate
common shares
money factor
percent
statistic
33. Amounts of money you owe
foreclosure
amortization schedule
mortgagor
liabilities
34. A loan
divisor
compounded monthly
mortgage
residual value
35. Paid in full
retired or amortized
default
capital cost allowance
special discounts
36. A percentage discount for buyers associated with the products being sold
constant
trade discount
minimum
preference shares
37. A portion of the population being studied
risk
population
minimum
sample
38. you may get a large return or get nothing
constant
compounded daily
high risk investment
parameter
39. The owner of the property
compounded quarterly
sample
lessor
net capitalized cost
40. Indicators of the confidence investors have in a company (the higher the better)
lease
lessee
price earnings ratios
dividend
41. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
conventional mortgage
the three items that may have to be subracted from the gross return figure when calculating net return
dividend
42. The length of the loan
multiplicand
multi modal
divisor
term
43. Paid dividends after the preference shares have been paid
per diem
common shares
mortgage
income statement
44. The score that falls in the middle
personal property
cash flow
median
the two main types of shares
45. A number calculated from sample data
residual value
amortization period
statistic
sample
46. The number you are dividing by
term
parameter
population
divisor
47. Security for a loan
bonds
balance sheet
interest
collateral
48. Number calculated from population data
term
parameter
variable
dividend
49. The process of repossessing and selling the real or personal property when the borrower has defaulted
weighted average
low risk investment
term
foreclosure
50. Simple and compound
assets
compounded annually
the two types of interest
dividend