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Test your basic knowledge |
DSST Business Math Vocab 2
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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. Algebraic - arithmetic
sensitivity analysis
foreign currency exchange
the two methods calculators use to process information
dividend
2. Security for a loan
minimum
proportion
collateral
divisor
3. The most frequently occuring value in a group of data
mode
money factor
term
shares
4. Things you own
compounded monthly
preference shares
high-ratio mortgage
assets
5. The person paying to borrow property for a certain amount of time for payments
maximum
simple interest
lessee
fractions
6. The point where income and expenses intersect (no loss or profit)
amortization schedule
break even point
dividend
divisor
7. Preference and common
median
the two main types of shares
lease
lessor
8. The majority of the early payments go toward paying the interest on the loan
front-loaded
the two methods calculators use to process information
statistic
default
9. Parts of a whole number
the four helpful calculating tools
personal property
price earnings ratios
fractions
10. Non-payment
default
high-ratio mortgage
multiplier
multiplicand
11. A comparison of two numbers
ratio
fractions
price earnings ratios
break even point
12. Discounts offered to encourage customers to pay their bills on time
cash discounts
fractions
multiplicand
investment
13. Interest is paid 365 times a year
compounded daily
data
compounded quarterly
constant
14. loans to companies or goverments (no voting rights)
bonds
divisor
balance sheet
constant
15. Provide a specific dividend that is paid before any dividends are paid to common stock holders
preference shares
special discounts
simple interest
cash discounts
16. The first number
multiplicand
per diem
the three items that may have to be subracted from the gross return figure when calculating net return
multiplier
17. A contract giving someone the right to use something for a certain length of time
cash flow
lease
risk
compounded quarterly
18. Investing in a well-established company
medium risk investment
mortgagor
common shares
collateral
19. Money given to someone on condition the person will return the money and interest by a specific date
lessee
fixed costs
loan
residual value
20. electronic - portable (pocket) - computer - spreadsheets
the four helpful calculating tools
multiplier
mortgagee
invoice
21. The length of time until the debt is zero
chain discounts
conventional mortgage
ratio
amortization period
22. The difference between the highest and lowest numbers in a set of data
range
default
multiplicand
foreign currency exchange
23. More than one frequently occuring value in a group of data
multi modal
mortgage
fractions
per diem
24. Deciding if its worth the risk
net capitalized cost
money factor
sensitivity analysis
front-loaded
25. The info collected from a survey and the figures generated through statistical analysis
assets
ratio
data
the two types of interest
26. A chart that shows the balance of the mortgage after each amortization period
amortization schedule
compounded sem-annually
complete enumeration survey
compounded annually
27. (simple average) adding the group of items and dividing by the total number of items
multiplicand
the two main types of shares
conventional mortgage
mean
28. Number calculated from population data
mode
parameter
compounded quarterly
cash flow
29. The process of repossessing and selling the real or personal property when the borrower has defaulted
foreclosure
real property
personal property
investment
30. The lowest number in a group of data
minimum
lease
balance sheet
amortization schedule
31. A bill
interest
complete enumeration survey
sales commission
invoice
32. The final figures
dividend
foreign currency exchange
bottom line figures
the two main types of shares
33. The unexpected variablility of returns
real property
compounded quarterly
parameter
risk
34. Paid in full
dividend
retired or amortized
capital cost allowance
mortgage
35. Interest is paid four times a year
mortgagor
compounded quarterly
amortization period
mean
36. Amount of money coming in and going out of your business monthly
the two types of interest
lessor
cash flow
complete enumeration survey
37. of one hundred
lessor
ratio
p.a.
percent
38. Adding columns of figures horizontally and vertically to check that the totals agree
population
amortization schedule
cross-footing
medium risk investment
39. Interest is paid twelve times a year
compounded monthly
compounded quarterly
the two main types of shares
percent
40. The number to be divided by
preference shares
variable
high risk investment
dividend
41. The borrower
minimum
mortgagor
dividend
constant
42. Commission fee - inflation rate - capital gains tax
the three items that may have to be subracted from the gross return figure when calculating net return
residual value
variable
overtime
43. real estate (houses - condos - warehouses - factories - etc)
real property
shares
mode
the four helpful calculating tools
44. Amounts of money you owe
cash discounts
liabilities
compounded interest
the four helpful calculating tools
45. A rate that one currency can be exchanged for another
residual value
population
divisor
foreign currency exchange
46. The interest amount is small - but you are guaranteed to get something
low risk investment
special discounts
default
personal property
47. A complete set of individuals - objects or scores being studied
income statement
capital cost allowance
population
shares
48. The owner of the property
common shares
overtime
lessor
the three items that may have to be subracted from the gross return figure when calculating net return
49. The number you are dividing by
high risk investment
overtime
divisor
the two types of interest
50. Costs that remain constant
money factor
multiplier
fixed costs
compounded annually
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