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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 comparison of two numbers






2. The number you are dividing by






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






4. The unexpected variablility of returns






5. Preference and common






6. Share of the profits of a company






7. The length of time until the debt is zero






8. you may get a large return or get nothing






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






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






11. Things you own






12. Algebraic - arithmetic






13. Something that is expected to return a profit






14. The owner of the property






15. Interest is paid twice a year






16. Simple and compound






17. The total of units multiplied by the price






18. A number calculated from sample data






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






20. Deciding if its worth the risk






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






22. Paid dividends after the preference shares have been paid






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






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






25. Investing in a well-established company






26. Per annum - yearly






27. Interest is paid four times a year






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






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






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






31. The final figures






32. A loan






33. An item of data the stays the same






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






35. The lowest number in a group of data






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






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






38. The lender






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






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






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






42. A portion of the population being studied






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






44. Costs that fluctuate






45. Paid in full






46. Per day






47. Time worked beyond the established working hours






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






49. The borrower






50. Interest is paid once a year