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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. Parts of a whole number






2. The unexpected variablility of returns






3. Time worked beyond the established working hours






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






5. A number calculated from sample data






6. Security for a loan






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






8. The number to be divided by






9. The lowest number in a group of data






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






11. The owner of the property






12. Commission fee - inflation rate - capital gains tax






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






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






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






16. you may get a large return or get nothing






17. The depreciation of an asset as an expense






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






19. Paid dividends after the preference shares have been paid






20. Interest is paid 365 times a year






21. The lender






22. The length of time until the debt is zero






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






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






25. A comparison of two numbers






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






27. Share of the profits of a company






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






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






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






31. Investing in a well-established company






32. The length of the loan






33. A portion of the population being studied






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






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






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






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






38. Part ownership in a company






39. The score that falls in the middle






40. A series of discounts






41. The first number






42. The total of units multiplied by the price






43. Per day






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






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






46. Amounts of money you owe






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






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






49. Interest is paid twice a year






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