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






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






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






4. Preference and common






5. Algebraic - arithmetic






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






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






8. The highest number in a group of data






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






10. The unexpected variablility of returns






11. Things you own






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






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






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






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






16. A bill






17. The lender






18. Paid dividends after the preference shares have been paid






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






20. Security for a loan






21. Paid in full






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






23. The length of time until the debt is zero






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






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






26. A percentage discount to customers






27. Interest is paid twice a year






28. A portion of the population being studied






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






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






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






32. The final figures






33. Parts of a whole number






34. you may get a large return or get nothing






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






36. Commission fee - inflation rate - capital gains tax






37. Interest is paid once a year






38. The number you are multipliying by






39. Non-payment






40. Share of the profits of a company






41. Interest calculated on the principal plus any accumulated interest






42. Costs that remain constant






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






44. The borrower






45. Part ownership in a company






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






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






48. Deciding if its worth the risk






49. A comparison of two numbers






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