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






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






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






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






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






6. The length of time until the debt is zero






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






8. The length of the loan






9. Interest calculated on the principle






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






11. Interest is paid 365 times a year






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






13. When two ratios are equal






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






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






16. Property other than real estate (often called a chattel mortgage)






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






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






19. Commission fee - inflation rate - capital gains tax






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






21. Interest is paid twice a year






22. A comparison of two numbers






23. The final figures






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






25. Time worked beyond the established working hours






26. Parts of a whole number






27. Investing in a well-established company






28. Paid dividends after the preference shares have been paid






29. Part ownership in a company






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






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






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






33. The first number






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






35. The lender






36. Deciding if its worth the risk






37. The depreciation of an asset as an expense






38. Costs that fluctuate






39. Algebraic - arithmetic






40. Per day






41. A portion of the population being studied






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






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






44. Security for a loan






45. The owner of the property






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






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






48. Interest is paid once a year






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






50. The score that falls in the middle