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






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






3. Investing in a well-established company






4. The score that falls in the middle






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






6. The number you are multipliying by






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






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






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






10. Parts of a whole number






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






12. Paid dividends after the preference shares have been paid






13. The final figures






14. Commission fee - inflation rate - capital gains tax






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






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






17. The length of time until the debt is zero






18. A loan






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






20. Interest calculated on the principle






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






22. Paid in full






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






24. Costs that remain constant






25. Preference and common






26. When two ratios are equal






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






28. Things you own






29. The unexpected variablility of returns






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






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






32. Interest is paid once a year






33. Interest is paid twice a year






34. Amounts of money you owe






35. A portion of the population being studied






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






37. The first number






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






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






40. The number you are dividing by






41. A number calculated from sample data






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






43. you may get a large return or get nothing






44. Non-payment






45. Per day






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






47. Simple and compound






48. A bill






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






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