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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. Money earned on an investment or paid on a loan






2. Paid dividends after the preference shares have been paid






3. Interest is paid once a year






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






5. Costs that remain constant






6. The total of units multiplied by the price






7. The depreciation of an asset as an expense






8. The borrower






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






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






11. Interest calculated on the principle






12. The length of time until the debt is zero






13. The length of the loan






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






15. Something that is expected to return a profit






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






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






18. Interest is paid 365 times a year






19. A comparison of two numbers






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






21. Interest is paid four times a year






22. Investing in a well-established company






23. A portion of the population being studied






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






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






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






27. Interest is paid twice a year






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






29. Amounts of money you owe






30. Preference and common






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






32. Per day






33. The lender






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






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






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






37. Interest is paid twelve times a year






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






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






40. A loan






41. Things you own






42. Security for a loan






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






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






45. The number you are multipliying by






46. Parts of a whole number






47. The highest number in a group of data






48. The first number






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






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