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






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






3. Interest is paid once a year






4. Security for a loan






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






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






7. The lender






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






9. The borrower






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






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






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






13. A loan






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






15. Interest is paid twelve times a year






16. The unexpected variablility of returns






17. Interest is paid four times a year






18. The first number






19. The final figures






20. The highest number in a group of data






21. Interest is paid twice a year






22. Simple and compound






23. A series of discounts






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






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






26. A portion of the population being studied






27. The depreciation of an asset as an expense






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






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






30. Interest is paid 365 times a year






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






32. Parts of a whole number






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






34. The score that falls in the middle






35. The number you are multipliying by






36. Money earned on an investment or paid on a loan






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






38. A bill






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






40. Algebraic - arithmetic






41. Costs that remain constant






42. A percentage discount to customers






43. of one hundred






44. Non-payment






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






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






47. Share of the profits of a company






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






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






50. Time worked beyond the established working hours