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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 most frequently occuring value in a group of data






2. The final figures






3. Something that is expected to return a profit






4. An item of data the stays the same






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






6. Commission fee - inflation rate - capital gains tax






7. When two ratios are equal






8. real estate (houses - condos - warehouses - factories - etc)






9. Interest calculated on the principal plus any accumulated interest






10. The process of repossessing and selling the real or personal property when the borrower has defaulted






11. Amount of money coming in and going out of your business monthly






12. The unexpected variablility of returns






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






14. The number you are dividing by






15. A chart that shows the balance of the mortgage after each amortization period






16. Interest is paid four times a year






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






18. Provide a specific dividend that is paid before any dividends are paid to common stock holders






19. The score that falls in the middle






20. Per day






21. The length of the loan






22. Things you own






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






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






25. Part ownership in a company






26. Interest is paid once a year






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






28. A comparison of two numbers






29. Costs that fluctuate






30. Time worked beyond the established working hours






31. Parts of a whole number






32. The person paying to borrow property for a certain amount of time for payments






33. The number you are multipliying by






34. Non-payment






35. The total of units multiplied by the price






36. The money paid to an employee based on a percentage of their sales






37. Security for a loan






38. A number calculated from sample data






39. Interest is paid twelve times a year






40. The info collected from a survey and the figures generated through statistical analysis






41. A series of discounts






42. The lender






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






44. The lowest number in a group of data






45. The amount of money borrowed is less than 75% of the purchase price






46. Simple and compound






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






48. Interest is paid 365 times a year






49. A bill






50. A percentage discount to customers