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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. Interest calculated on the principal plus any accumulated interest






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






3. A series of discounts






4. The lowest number in a group of data






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






6. Deciding if its worth the risk






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






8. The length of time until the debt is zero






9. Interest is paid four times a year






10. The unexpected variablility of returns






11. you may get a large return or get nothing






12. Interest is paid once a year






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






14. Algebraic - arithmetic






15. Non-payment






16. Things you own






17. The number to be divided by






18. The first number






19. Per annum - yearly






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






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






22. Share of the profits of a company






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






24. The final figures






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






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






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






28. The total of units multiplied by the price






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






30. The depreciation of an asset as an expense






31. Time worked beyond the established working hours






32. Paid dividends after the preference shares have been paid






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






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






35. Interest is paid twelve times a year






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






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






38. Security for a loan






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






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






41. A percentage discount to customers






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






43. The highest number in a group of data






44. Amounts of money you owe






45. Investing in a well-established company






46. The owner of the property






47. Something that is expected to return a profit






48. The number you are dividing by






49. A number calculated from sample data






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