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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. Time worked beyond the established working hours






2. Deciding if its worth the risk






3. Amounts of money you owe






4. Part ownership in a company






5. of one hundred






6. The highest number in a group of data






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






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






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






10. Investing in a well-established company






11. The lowest number in a group of data






12. When two ratios are equal






13. Interest calculated on the principal plus any accumulated interest






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






15. Number calculated from population data






16. Parts of a whole number






17. The first number






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






19. Something that is expected to return a profit






20. Security for a loan






21. Preference and common






22. you may get a large return or get nothing






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






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






25. Share of the profits of a company






26. An item of data the stays the same






27. A bill






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






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






30. A portion of the population being studied






31. The number to be divided by






32. A loan






33. Interest calculated on the principle






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






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






36. Algebraic - arithmetic






37. Per day






38. Paid in full






39. Things you own






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






41. Interest is paid 365 times a year






42. Interest is paid four times a year






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






44. Costs that remain constant






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






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






47. Commission fee - inflation rate - capital gains tax






48. Per annum - yearly






49. Interest is paid twelve times a year






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