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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. A portion of the population being studied






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






3. Something that is expected to return a profit






4. A series of discounts






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






6. The final figures






7. Algebraic - arithmetic






8. Number calculated from population data






9. Investing in a well-established company






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






11. The number to be divided by






12. The first number






13. Interest is paid twice a year






14. An item of data the stays the same






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






16. Simple and compound






17. Commission fee - inflation rate - capital gains tax






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






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






20. Interest calculated on the principle






21. The depreciation of an asset as an expense






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






23. The interest amount is small - but you are guaranteed to get something






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






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






26. Interest is paid twelve times a year






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






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






29. The owner of the property






30. The borrower






31. The lender






32. Deciding if its worth the risk






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






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






35. Things you own






36. When two ratios are equal






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






38. A loan






39. A percentage discount to customers






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






41. Share of the profits of a company






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






43. A comparison of two numbers






44. Amounts of money you owe






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






46. A bill






47. Time worked beyond the established working hours






48. Non-payment






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






50. Interest calculated on the principal plus any accumulated interest