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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. Things you own






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






3. Interest is paid twice a year






4. Non-payment






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






6. Investing in a well-established company






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






8. Security for a loan






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






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






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






12. The owner of the property






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






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






15. Deciding if its worth the risk






16. Interest is paid 365 times a year






17. The highest number in a group of data






18. Simple and compound






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






20. Paid in full






21. of one hundred






22. The unexpected variablility of returns






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






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






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






26. An item of data the stays the same






27. The final figures






28. When two ratios are equal






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






30. The number you are multipliying by






31. A bill






32. Amounts of money you owe






33. Interest calculated on the principle






34. A comparison of two numbers






35. Parts of a whole number






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






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






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






39. Per day






40. The length of the loan






41. Paid dividends after the preference shares have been paid






42. A loan






43. The lender






44. Costs that fluctuate






45. Costs that remain constant






46. Number calculated from population data






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






48. Interest calculated on the principal plus any accumulated interest






49. The most frequently occuring value in a group of data






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