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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. A portion of the population being studied






2. A number calculated from sample data






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






4. The owner of the property






5. The highest number in a group of data






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






7. Investing in a well-established company






8. Paid dividends after the preference shares have been paid






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






10. The total of units multiplied by the price






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






12. Interest is paid once a year






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






14. An item of data the stays the same






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






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






17. Security for a loan






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






19. Costs that fluctuate






20. Costs that remain constant






21. Interest calculated on the principal plus any accumulated interest






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






23. A bill






24. Paid in full






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






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






27. The lowest number in a group of data






28. Interest is paid twice a year






29. The score that falls in the middle






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






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






32. Part ownership in a company






33. The number you are multipliying by






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






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






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






37. A loan






38. Simple and compound






39. Non-payment






40. The first number






41. The lender






42. Deciding if its worth the risk






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






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






45. The length of time until the debt is zero






46. Number calculated from population data






47. Interest calculated on the principle






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






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






50. When two ratios are equal