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






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






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






4. The score that falls in the middle






5. Costs that fluctuate






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






7. Paid dividends after the preference shares have been paid






8. The first number






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






10. The owner of the property






11. The number to be divided by






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






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






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






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






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






17. Commission fee - inflation rate - capital gains tax






18. A percentage discount to customers






19. The length of time until the debt is zero






20. Investing in a well-established company






21. Interest is paid once a year






22. The number you are multipliying by






23. The lowest number in a group of data






24. A comparison of two numbers






25. Preference and common






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






27. Number calculated from population data






28. (simple average) adding the group of items and dividing by the total number of items






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






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






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






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






33. When two ratios are equal






34. The highest number in a group of data






35. A bill






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






37. A series of discounts






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






39. Interest is paid twice a year






40. A number calculated from sample data






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






42. The length of the loan






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






44. A portion of the population being studied






45. Simple and compound






46. Algebraic - arithmetic






47. Costs that remain constant






48. Interest is paid twelve times a year






49. Deciding if its worth the risk






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