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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 price after any down-payment or trade-in






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






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






4. Per annum - yearly






5. A number calculated from sample data






6. The owner of the property






7. A comparison of two numbers






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






9. A loan






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






11. The final figures






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






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






14. you may get a large return or get nothing






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






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






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






18. of one hundred






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






20. Paid dividends after the preference shares have been paid






21. The length of the loan






22. Parts of a whole number






23. Share of the profits of a company






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






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






26. The score that falls in the middle






27. Commission fee - inflation rate - capital gains tax






28. Amounts of money you owe






29. A portion of the population being studied






30. The depreciation of an asset as an expense






31. Interest calculated on the principal plus any accumulated interest






32. Costs that remain constant






33. Paid in full






34. Per day






35. The number you are dividing by






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






37. Interest is paid twelve times a year






38. Algebraic - arithmetic






39. Interest is paid once a year






40. Investing in a well-established company






41. The lowest number in a group of data






42. Deciding if its worth the risk






43. The first number






44. Things you own






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






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






47. Preference and common






48. The highest number in a group of data






49. Something that is expected to return a profit






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