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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 majority of the early payments go toward paying the interest on the loan






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






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






4. Preference and common






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






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






7. A portion of the population being studied






8. The number to be divided by






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






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






11. Interest is paid twelve times a year






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






13. Non-payment






14. Paid in full






15. of one hundred






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






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






18. Simple and compound






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






20. The score that falls in the middle






21. Interest is paid once a year






22. Investing in a well-established company






23. Interest calculated on the principal plus any accumulated interest






24. Security for a loan






25. The final figures






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






27. The borrower






28. Interest is paid 365 times a year






29. When two ratios are equal






30. you may get a large return or get nothing






31. A percentage discount to customers






32. The length of time until the debt is zero






33. The unexpected variablility of returns






34. Interest is paid four times a year






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






36. Commission fee - inflation rate - capital gains tax






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






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






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






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






41. The depreciation of an asset as an expense






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






43. The highest number in a group of data






44. A loan






45. The number you are dividing by






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






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






48. Interest calculated on the principle






49. Costs that remain constant






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