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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. Something that is expected to return a profit






2. The final figures






3. A series of discounts






4. The length of the loan






5. Share of the profits of a company






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






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






8. The depreciation of an asset as an expense






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






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






11. Interest is paid twice a year






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






13. A percentage discount to customers






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






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






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






17. of one hundred






18. The score that falls in the middle






19. Algebraic - arithmetic






20. Per day






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






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






23. Part ownership in a company






24. A percentage discount for buyers associated with the products being sold






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






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






27. A portion of the population being studied






28. The number you are multipliying by






29. Time worked beyond the established working hours






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






31. The number to be divided by






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






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






34. Commission fee - inflation rate - capital gains tax






35. Per annum - yearly






36. Amounts of money you owe






37. A number calculated from sample data






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






39. A loan






40. Simple and compound






41. The highest number in a group of data






42. A comparison of two numbers






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






44. The borrower






45. Deciding if its worth the risk






46. The lowest number in a group of data






47. The unexpected variablility of returns






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






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






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