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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 unexpected variablility of returns






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






3. Simple and compound






4. The length of time until the debt is zero






5. A percentage discount to customers






6. The number you are multipliying by






7. you may get a large return or get nothing






8. Paid dividends after the preference shares have been paid






9. An item of data the stays the same






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






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






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






13. of one hundred






14. When two ratios are equal






15. The depreciation of an asset as an expense






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






17. Interest is paid twice a year






18. Preference and common






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






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






21. Share of the profits of a company






22. Interest is paid four times a year






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






24. The number you are dividing by






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






26. Interest calculated on the principle






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






28. The process of repossessing and selling the real or personal property when the borrower has defaulted






29. Amount of money coming in and going out of your business monthly






30. The number to be divided by






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






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






33. A bill






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






35. Things you own






36. A number calculated from sample data






37. The length of the loan






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






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






40. Interest is paid twelve times a year






41. Parts of a whole number






42. Investing in a well-established company






43. The lender






44. Amounts of money you owe






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






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






47. The final figures






48. The score that falls in the middle






49. The lowest number in a group of data






50. The borrower