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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. The borrower






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






3. The lowest number in a group of data






4. A series of discounts






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






6. The unexpected variablility of returns






7. Preference and common






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






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






10. The depreciation of an asset as an expense






11. Per annum - yearly






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






13. The number you are multipliying by






14. Simple and compound






15. A bill






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






17. Costs that remain constant






18. Parts of a whole number






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






20. Deciding if its worth the risk






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






22. Paid dividends after the preference shares have been paid






23. Interest is paid twice a year






24. Something that is expected to return a profit






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






26. The final figures






27. A number calculated from sample data






28. The first number






29. The highest number in a group of data






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






31. Things you own






32. A loan






33. Costs that fluctuate






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






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






36. Time worked beyond the established working hours






37. The number you are dividing by






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






39. Share of the profits of a company






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






41. A percentage discount to customers






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






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






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






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






46. Interest is paid twelve times a year






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






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






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






50. The owner of the property