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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. The borrower






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






4. A percentage discount to customers






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






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






7. A number calculated from sample data






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






9. Interest calculated on the principle






10. you may get a large return or get nothing






11. The final figures






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






13. Per annum - yearly






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






15. of one hundred






16. A loan






17. Share of the profits of a company






18. When two ratios are equal






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






20. The highest number in a group of data






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






22. The length of the loan






23. Time worked beyond the established working hours






24. Investing in a well-established company






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






26. The number you are multipliying by






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






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






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






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






31. The total of units multiplied by the price






32. Interest calculated on the principal plus any accumulated interest






33. The number to be divided by






34. The first number






35. The depreciation of an asset as an expense






36. A series of discounts






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






38. Simple and compound






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






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






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






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






43. Part ownership in a company






44. Interest is paid once a year






45. Paid dividends after the preference shares have been paid






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






47. Things you own






48. Paid in full






49. Amounts of money you owe






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