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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 loan






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






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






4. The number to be divided by






5. Interest is paid four times a year






6. Number calculated from population data






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






8. Part ownership in a company






9. The first number






10. The borrower






11. Investing in a well-established company






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






13. The number you are dividing by






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






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






16. A number calculated from sample data






17. Things you own






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






19. Deciding if its worth the risk






20. A portion of the population being studied






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






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






23. Something that is expected to return a profit






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






25. Commission fee - inflation rate - capital gains tax






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






27. Non-payment






28. Amounts of money you owe






29. Paid in full






30. A comparison of two numbers






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






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






33. When two ratios are equal






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






35. Algebraic - arithmetic






36. Costs that fluctuate






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






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






39. Security for a loan






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






41. The lender






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






43. Parts of a whole number






44. A bill






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






46. Per day






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






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






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






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