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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. Part ownership in a company






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






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






4. The number you are multipliying by






5. The lender






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






7. Costs that remain constant






8. Paid in full






9. Security for a loan






10. The lowest number in a group of data






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






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






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






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






15. A comparison of two numbers






16. Commission fee - inflation rate - capital gains tax






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






18. A series of discounts






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






20. The unexpected variablility of returns






21. The final figures






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






23. The total of units multiplied by the price






24. Per annum - yearly






25. Deciding if its worth the risk






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






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






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






29. The borrower






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






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






32. The owner of the property






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






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






35. Time worked beyond the established working hours






36. When two ratios are equal






37. Parts of a whole number






38. Interest is paid twice a year






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






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






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






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






43. Investing in a well-established company






44. The first number






45. of one hundred






46. A loan






47. The depreciation of an asset as an expense






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






49. The highest number in a group of data






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