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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. Costs that remain constant






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






3. Parts of a whole number






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






5. Security for a loan






6. The length of the loan






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






8. The length of time until the debt is zero






9. Things you own






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






11. Money given to someone on condition the person will return the money and interest by a specific date






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






13. A percentage discount to customers






14. A series of discounts






15. The final figures






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






17. Amounts of money you owe






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






19. An item of data the stays the same






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






21. The first number






22. Interest is paid 365 times a year






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






24. Paid in full






25. Paid dividends after the preference shares have been paid






26. The number you are dividing by






27. The total of units multiplied by the price






28. Something that is expected to return a profit






29. Commission fee - inflation rate - capital gains tax






30. The depreciation of an asset as an expense






31. Algebraic - arithmetic






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






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






34. Interest is paid twelve times a year






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






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






37. Number calculated from population data






38. Time worked beyond the established working hours






39. A number calculated from sample data






40. The score that falls in the middle






41. Interest is paid four times a year






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






43. you may get a large return or get nothing






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






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






46. Preference and common






47. The number you are multipliying by






48. The lowest number in a group of data






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






50. Per day







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Can you answer 50 questions in 15 minutes?


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