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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 borrower






2. A loan






3. The depreciation of an asset as an expense






4. Non-payment






5. The lender






6. The total of units multiplied by the price






7. The length of the loan






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






9. of one hundred






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






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






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






13. Interest is paid four times a year






14. Commission fee - inflation rate - capital gains tax






15. A comparison of two numbers






16. Things you own






17. Simple and compound






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






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






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






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






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






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






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






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






26. Parts of a whole number






27. The point where income and expenses intersect (no loss or profit)






28. The number you are multipliying by






29. Preference and common






30. The unexpected variablility of returns






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






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






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






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






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






36. The number you are dividing by






37. Something that is expected to return a profit






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






39. Algebraic - arithmetic






40. A portion of the population being studied






41. An item of data the stays the same






42. Interest is paid 365 times a year






43. Paid in full






44. The highest number in a group of data






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






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






47. A bill






48. Interest calculated on the principal plus any accumulated interest






49. Costs that fluctuate






50. Part ownership in a company







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Can you answer 50 questions in 15 minutes?


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