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DSST Business Math Vocab 2

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 number you are multipliying by






2. Security for a loan






3. Where info is collected for every unit of the population






4. Shows the assets - liabilities and financial position of the company






5. Money given to someone on condition the person will return the money and interest by a specific date






6. Paid in full






7. Amounts of money you owe






8. An item of data that has a different value at different times






9. (simple average) adding the group of items and dividing by the total number of items






10. A contract giving someone the right to use something for a certain length of time






11. Simple and compound






12. The lowest number in a group of data






13. A rate that one currency can be exchanged for another






14. loans to companies or goverments (no voting rights)






15. of one hundred






16. The number you are dividing by






17. The majority of the early payments go toward paying the interest on the loan






18. The most frequently occuring value in a group of data






19. The difference between the highest and lowest numbers in a set of data






20. The number to be divided by






21. Interest is paid twice a year






22. A complete set of individuals - objects or scores being studied






23. A loan






24. The length of time until the debt is zero






25. Interest calculated on the principal plus any accumulated interest






26. Investing in a well-established company






27. A portion of the population being studied






28. The amount the property is worth at the end of the lease






29. Money earned on an investment or paid on a loan






30. Adding columns of figures horizontally and vertically to check that the totals agree






31. electronic - portable (pocket) - computer - spreadsheets






32. Discounts offered to encourage customers to pay their bills on time






33. A bill






34. A percentage discount for buyers associated with the products being sold






35. Interest is paid 365 times a year






36. A percentage discount to customers






37. A decimal figure when x by 2400 gives an approximate annual interest rate






38. Part ownership in a company






39. The amount of money borrowed is between 75% - 95% of the purchase price






40. The score that falls in the middle






41. The total of units multiplied by the price






42. Non-payment






43. Interest calculated on the principle






44. Parts of a whole number






45. Costs that fluctuate






46. The interest amount is small - but you are guaranteed to get something






47. Indicators of the confidence investors have in a company (the higher the better)






48. An item of data the stays the same






49. you may get a large return or get nothing






50. The point where income and expenses intersect (no loss or profit)







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Can you answer 50 questions in 15 minutes?


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