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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. Deciding if its worth the risk






2. Per day






3. A number calculated from sample data






4. A comparison of two numbers






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






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






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






8. The length of the loan






9. A series of discounts






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






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






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






13. Interest is paid twice a year






14. The final figures






15. Something that is expected to return a profit






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






17. The lender






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






19. of one hundred






20. Investing in a well-established company






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






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






23. Interest is paid four times a year






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






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






26. Amounts of money you owe






27. Share of the profits of a company






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






29. The number to be divided by






30. The owner of the property






31. Paid in full






32. Simple and compound






33. The unexpected variablility of returns






34. A bill






35. The score that falls in the middle






36. Paid dividends after the preference shares have been paid






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






38. Interest calculated on the principle






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






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






41. Number calculated from population data






42. Preference and common






43. Money given to someone on condition the person will return the money and interest by a specific date






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






45. Interest is paid once a year






46. The length of time until the debt is zero






47. Non-payment






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






49. Commission fee - inflation rate - capital gains tax






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