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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 depreciation of an asset as an expense






2. Parts of a whole number






3. Costs that fluctuate






4. Costs that remain constant






5. Share of the profits of a company






6. Deciding if its worth the risk






7. you may get a large return or get nothing






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






9. Number calculated from population data






10. Interest is paid once a year






11. Amounts of money you owe






12. A comparison of two numbers






13. Paid in full






14. The length of the loan






15. A number calculated from sample data






16. A series of discounts






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






18. Commission fee - inflation rate - capital gains tax






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






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






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






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






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






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






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






26. Non-payment






27. Algebraic - arithmetic






28. Simple and compound






29. Paid dividends after the preference shares have been paid






30. The unexpected variablility of returns






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






32. Something that is expected to return a profit






33. The length of time until the debt is zero






34. The total of units multiplied by the price






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






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






37. Time worked beyond the established working hours






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






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






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






41. The number you are dividing by






42. Security for a loan






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






44. The number to be divided by






45. A portion of the population being studied






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






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






48. The lender






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






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