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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. Preference and common






2. The number you are multipliying by






3. An item of data the stays the same






4. The first number






5. The score that falls in the middle






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






7. Interest is paid 365 times a year






8. Things you own






9. Per day






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






11. A number calculated from sample data






12. Non-payment






13. A portion of the population being studied






14. The length of the loan






15. A bill






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






17. The total of units multiplied by the price






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






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






20. A loan






21. The depreciation of an asset as an expense






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






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






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






25. Interest calculated on the principle






26. Costs that fluctuate






27. Commission fee - inflation rate - capital gains tax






28. Per annum - yearly






29. Simple and compound






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






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






32. Something that is expected to return a profit






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






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






35. Costs that remain constant






36. A percentage discount to customers






37. Interest is paid twelve times a year






38. Deciding if its worth the risk






39. A comparison of two numbers






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






41. of one hundred






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






43. The final figures






44. Interest calculated on the principal plus any accumulated interest






45. Algebraic - arithmetic






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






47. The owner of the property






48. The number you are dividing by






49. A series of discounts






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