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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 length of the loan






2. The lender






3. The price after any down-payment or trade-in






4. Number calculated from population data






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






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






7. A portion of the population being studied






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






9. Things you own






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






11. Costs that fluctuate






12. A loan






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






14. The number you are multipliying by






15. Amounts of money you owe






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






17. Interest calculated on the principle






18. The final figures






19. More than one frequently occuring value in a group of data






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






21. A number calculated from sample data






22. Shows the money coming in and expenses for a certain period of time.






23. Interest is paid four times a year






24. When two ratios are equal






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






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






27. The borrower






28. Simple and compound






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






30. The depreciation of an asset as an expense






31. Per annum - yearly






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






33. A comparison of two numbers






34. Time worked beyond the established working hours






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






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






37. Paid dividends after the preference shares have been paid






38. Non-payment






39. Share of the profits of a company






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






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






42. Interest is paid twelve times a year






43. Deciding if its worth the risk






44. The score that falls in the middle






45. Parts of a whole number






46. The total of units multiplied by the price






47. Interest is paid once a year






48. A series of discounts






49. The lowest number in a group of data






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