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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. Commission fee - inflation rate - capital gains tax






2. Time worked beyond the established working hours






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






4. An item of data that has a different value at different times






5. Algebraic - arithmetic






6. Amounts of money you owe






7. The first number






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






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






10. Per annum - yearly






11. Deciding if its worth the risk






12. The borrower






13. Costs that fluctuate






14. Number calculated from population data






15. Interest is paid once a year






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






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






18. Non-payment






19. The owner of the property






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






21. The length of time until the debt is zero






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






23. The total of units multiplied by the price






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






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






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






27. When two ratios are equal






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






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






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






31. The depreciation of an asset as an expense






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






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






34. Simple and compound






35. A loan






36. Interest is paid twelve times a year






37. you may get a large return or get nothing






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






39. A comparison of two numbers






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






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






42. Paid in full






43. Parts of a whole number






44. Things you own






45. Interest is paid twice a year






46. A portion of the population being studied






47. Security for a loan






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






49. Per day






50. A percentage discount to customers