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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. Amounts of money you owe






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






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






4. Per annum - yearly






5. The first number






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






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






8. Paid dividends after the preference shares have been paid






9. The lowest number in a group of data






10. Deciding if its worth the risk






11. An item of data the stays the same






12. Non-payment






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






14. Interest calculated on the principle






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






16. The final figures






17. The depreciation of an asset as an expense






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






19. The number to be divided by






20. The unexpected variablility of returns






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






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






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






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






25. The highest number in a group of data






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






27. Preference and common






28. The number you are multipliying by






29. A portion of the population being studied






30. Part ownership in a company






31. A bill






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






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






34. Investing in a well-established company






35. A number calculated from sample data






36. The length of time until the debt is zero






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






38. Share of the profits of a company






39. Time worked beyond the established working hours






40. The total of units multiplied by the price






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






42. Number calculated from population data






43. Interest is paid once a year






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






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






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






47. Per day






48. Costs that fluctuate






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






50. A series of discounts







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Can you answer 50 questions in 15 minutes?


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