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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. Interest is paid 365 times a year






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






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






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






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






6. Parts of a whole number






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






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






9. Preference and common






10. A portion of the population being studied






11. Interest calculated on the principal plus any accumulated interest






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






13. of one hundred






14. Interest is paid once a year






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






16. Things you own






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






18. Algebraic - arithmetic






19. When two ratios are equal






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






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






22. Time worked beyond the established working hours






23. Costs that fluctuate






24. The total of units multiplied by the price






25. Costs that remain constant






26. Interest calculated on the principle






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






28. The depreciation of an asset as an expense






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






30. A number calculated from sample data






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






32. A percentage discount to customers






33. The lowest number in a group of data






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






35. Share of the profits of a company






36. Amounts of money you owe






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






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






39. A loan






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






41. Interest is paid four times a year






42. The length of the loan






43. Interest is paid twelve times a year






44. The lender






45. Investing in a well-established company






46. Simple and compound






47. A comparison of two numbers






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






49. Paid in full






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