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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 number you are multipliying by






2. The point where income and expenses intersect (no loss or profit)






3. Per day






4. Interest is paid four times a year






5. Investing in a well-established company






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






7. The number to be divided by






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






9. Things you own






10. A portion of the population being studied






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






12. Amounts of money you owe






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






14. Number calculated from population data






15. The owner of the property






16. Interest is paid twice a year






17. Security for a loan






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






19. A series of discounts






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






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






22. of one hundred






23. A number calculated from sample data






24. When two ratios are equal






25. Commission fee - inflation rate - capital gains tax






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






27. Interest is paid 365 times a year






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






29. The first number






30. The number you are dividing by






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






32. An item of data the stays the same






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






34. Interest calculated on the principal plus any accumulated interest






35. Parts of a whole number






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






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






38. Share of the profits of a company






39. Per annum - yearly






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






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






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






43. Paid in full






44. The borrower






45. The lender






46. A bill






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






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






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






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