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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 first number






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






3. of one hundred






4. A number calculated from sample data






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






6. The unexpected variablility of returns






7. Commission fee - inflation rate - capital gains tax






8. The score that falls in the middle






9. you may get a large return or get nothing






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






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






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






13. The final figures






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






15. A loan






16. Per annum - yearly






17. Things you own






18. The number you are dividing by






19. Per day






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






21. Amounts of money you owe






22. The length of the loan






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






24. The lowest number in a group of data






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






26. Interest is paid four times a year






27. A percentage discount to customers






28. Deciding if its worth the risk






29. Simple and compound






30. The lender






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






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






33. Property other than real estate (often called a chattel mortgage)






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






35. Algebraic - arithmetic






36. Paid in full






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






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






39. The number to be divided by






40. Time worked beyond the established working hours






41. The length of time until the debt is zero






42. Number calculated from population data






43. Interest is paid once a year






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






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






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






47. Interest is paid twelve times a year






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






49. Interest calculated on the principal plus any accumulated interest






50. used when the each piece of data has more than one component