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






2. Parts of a whole number






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






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






5. An item of data the stays the same






6. Per day






7. Part ownership in a company






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






9. The borrower






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






11. Share of the profits of a company






12. Deciding if its worth the risk






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






14. The number to be divided by






15. The number you are dividing by






16. Commission fee - inflation rate - capital gains tax






17. The final figures






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






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






20. The lowest number in a group of data






21. Per annum - yearly






22. A loan






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






24. Investing in a well-established company






25. When two ratios are equal






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






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






28. The length of time until the debt is zero






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






30. Costs that fluctuate






31. Interest calculated on the principal plus any accumulated interest






32. Time worked beyond the established working hours






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






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






35. A bill






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






37. The owner of the property






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






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






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






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






42. Interest calculated on the principle






43. Interest is paid 365 times a year






44. The highest number in a group of data






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






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






47. The first number






48. Number calculated from population data






49. Things you own






50. you may get a large return or get nothing