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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 the stays the same






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






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






4. The first number






5. A comparison of two numbers






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






7. The depreciation of an asset as an expense






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






9. Security for a loan






10. The highest number in a group of data






11. Costs that fluctuate






12. Interest is paid 365 times a year






13. Something that is expected to return a profit






14. Share of the profits of a company






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






16. The total of units multiplied by the price






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






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






19. The borrower






20. A series of discounts






21. The length of time until the debt is zero






22. A percentage discount to customers






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






24. Time worked beyond the established working hours






25. Interest is paid four times a year






26. Paid dividends after the preference shares have been paid






27. The lender






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






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






30. Costs that remain constant






31. Discounts offered to encourage customers to pay their bills on time






32. Shows the assets - liabilities and financial position of the company






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






34. of one hundred






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






36. The unexpected variablility of returns






37. Interest is paid twelve times a year






38. The number you are dividing by






39. The length of the loan






40. A number calculated from sample data






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






42. Preference and common






43. Non-payment






44. you may get a large return or get nothing






45. Parts of a whole number






46. The final figures






47. When two ratios are equal






48. Interest is paid once a year






49. Per day






50. Deciding if its worth the risk







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Can you answer 50 questions in 15 minutes?


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