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






2. The depreciation of an asset as an expense






3. Interest is paid twice a year






4. Paid in full






5. A portion of the population being studied






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






7. The lender






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






9. Deciding if its worth the risk






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






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






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






13. Share of the profits of a company






14. A comparison of two numbers






15. Things you own






16. The length of time until the debt is zero






17. Number calculated from population data






18. The number to be divided by






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






20. The unexpected variablility of returns






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






22. Something that is expected to return a profit






23. Interest calculated on the principal plus any accumulated interest






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






25. Security for a loan






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






27. The first number






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






29. Interest is paid 365 times a year






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






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






32. Costs that remain constant






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






34. Interest is paid four times a year






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






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






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






38. The number you are multipliying by






39. you may get a large return or get nothing






40. A complete set of individuals - objects or scores being studied






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






42. The length of the loan






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






44. The highest number in a group of data






45. A bill






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






47. Interest is paid twelve times a year






48. Part ownership in a company






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






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







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Can you answer 50 questions in 15 minutes?


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