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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 borrower






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






3. you may get a large return or get nothing






4. Costs that fluctuate






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






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






7. Number calculated from population data






8. Paid dividends after the preference shares have been paid






9. A loan






10. The first number






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






12. Parts of a whole number






13. Time worked beyond the established working hours






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






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






16. Interest is paid four times a year






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






18. Preference and common






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






20. A percentage discount to customers






21. Part ownership in a company






22. The total of units multiplied by the price






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






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






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






26. Interest is paid 365 times a year






27. The final figures






28. Security for a loan






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






30. A bill






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






32. Something that is expected to return a profit






33. Interest is paid once a year






34. Interest is paid twelve times a year






35. When two ratios are equal






36. Algebraic - arithmetic






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






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






39. Costs that remain constant






40. of one hundred






41. A number calculated from sample data






42. Non-payment






43. Share of the profits of a company






44. A series of discounts






45. Interest calculated on the principle






46. The length of time until the debt is zero






47. Things you own






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






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






50. The depreciation of an asset as an expense