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






2. A comparison of two numbers






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






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






5. The total of units multiplied by the price






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






7. Per annum - yearly






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






9. Preference and common






10. The depreciation of an asset as an expense






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






12. Something that is expected to return a profit






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






14. Interest is paid twice a year






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






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






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






18. Security for a loan






19. Interest is paid four times a year






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






21. Time worked beyond the established working hours






22. of one hundred






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






24. The lowest number in a group of data






25. A series of discounts






26. The owner of the property






27. The unexpected variablility of returns






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






29. A portion of the population being studied






30. Simple and compound






31. Amounts of money you owe






32. Deciding if its worth the risk






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






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






35. The final figures






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






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






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






39. Costs that fluctuate






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






41. Paid dividends after the preference shares have been paid






42. Things you own






43. Non-payment






44. The score that falls in the middle






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






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






47. The first number






48. The length of the loan






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






50. Part ownership in a company