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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. Time worked beyond the established working hours






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






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






4. Investing in a well-established company






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






6. The final figures






7. A percentage discount to customers






8. A loan






9. Interest is paid four times a year






10. The length of the loan






11. of one hundred






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






13. Per annum - yearly






14. The number you are multipliying by






15. Parts of a whole number






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






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






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






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






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






21. A bill






22. The number you are dividing by






23. Amounts of money you owe






24. The owner of the property






25. The score that falls in the middle






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






27. The total of units multiplied by the price






28. Simple and compound






29. The number to be divided by






30. Preference and common






31. The highest number in a group of data






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






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






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






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






36. Paid dividends after the preference shares have been paid






37. A decimal figure when x by 2400 gives an approximate annual interest rate






38. Part ownership in a company






39. Non-payment






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






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






42. The first number






43. Costs that remain constant






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






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






46. you may get a large return or get nothing






47. The unexpected variablility of returns






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






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






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







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Can you answer 50 questions in 15 minutes?


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