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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. Security for a loan






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






4. The score that falls in the middle






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






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






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






8. Interest calculated on the principal plus any accumulated interest






9. When two ratios are equal






10. The total of units multiplied by the price






11. Interest is paid twelve times a year






12. The owner of the property






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






14. A percentage discount to customers






15. A portion of the population being studied






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






17. Paid in full






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






19. The number you are dividing by






20. The borrower






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






22. Parts of a whole number






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






24. Interest calculated on the principle






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






26. Number calculated from population data






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






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






29. Costs that remain constant






30. Preference and common






31. A comparison of two numbers






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






33. of one hundred






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






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






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






37. you may get a large return or get nothing






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






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






40. The length of the loan






41. Deciding if its worth the risk






42. Amounts of money you owe






43. Something that is expected to return a profit






44. Things you own






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






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






47. A number calculated from sample data






48. Part ownership in a company






49. The first number






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