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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 series of discounts






2. Parts of a whole number






3. you may get a large return or get nothing






4. Security for a loan






5. The number to be divided by






6. Costs that remain constant






7. Something that is expected to return a profit






8. Simple and compound






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






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






11. Number calculated from population data






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






13. The lender






14. Interest calculated on the principal plus any accumulated interest






15. The total of units multiplied by the price






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






17. The depreciation of an asset as an expense






18. A comparison of two numbers






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






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






21. The lowest number in a group of data






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






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






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






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






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






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






28. The score that falls in the middle






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






30. The first number






31. Paid dividends after the preference shares have been paid






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






33. Commission fee - inflation rate - capital gains tax






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






35. Per day






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






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






38. A loan






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






40. When two ratios are equal






41. The owner of the property






42. Time worked beyond the established working hours






43. A percentage discount to customers






44. A bill






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






46. Interest is paid twelve times a year






47. Investing in a well-established company






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






49. Interest is paid twice a year






50. Amounts of money you owe