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DSST Business Math Vocab 2

  • 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. Share of the profits of a company

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

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

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

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

6. The highest number in a group of data

7. Paid dividends after the preference shares have been paid

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

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

10. The lender

11. The score that falls in the middle

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

13. A number calculated from sample data

14. A series of discounts

15. Preference and common

16. Things you own

17. Interest calculated on the principle

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

19. Interest is paid twelve times a year

20. The length of the loan

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

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

23. A bill

24. Paid in full

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

26. Non-payment

27. Something that is expected to return a profit

28. The lowest number in a group of data

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

30. An item of data the stays the same

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

32. A portion of the population being studied

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

34. The majority of the early payments go toward paying the interest on the loan

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

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

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

38. Interest is paid once a year

39. The first number

40. When two ratios are equal

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

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

43. Part ownership in a company

44. Interest calculated on the principal plus any accumulated interest

45. Costs that fluctuate

46. The borrower

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

48. The length of time until the debt is zero

49. Per annum - yearly

50. Interest is paid 365 times a year