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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. Simple and compound






2. Things you own






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






4. The final figures






5. The highest number in a group of data






6. An item of data the stays the same






7. of one hundred






8. Costs that remain constant






9. Interest is paid twelve times a year






10. Something that is expected to return a profit






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






12. The borrower






13. A portion of the population being studied






14. When two ratios are equal






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






16. The unexpected variablility of returns






17. Per annum - yearly






18. Interest is paid once a year






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






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






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






22. Time worked beyond the established working hours






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






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






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






26. Amounts of money you owe






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






28. Parts of a whole number






29. Number calculated from population data






30. The number you are dividing by






31. Per day






32. A comparison of two numbers






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






34. The total of units multiplied by the price






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






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






37. Share of the profits of a company






38. Non-payment






39. Interest is paid four times a year






40. A number calculated from sample data






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






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






43. A loan






44. A percentage discount to customers






45. Paid dividends after the preference shares have been paid






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






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






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






49. Preference and common






50. Interest calculated on the principle