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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. Things you own






2. The length of time until the debt is zero






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






4. of one hundred






5. A series of discounts






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






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






8. The unexpected variablility of returns






9. A number calculated from sample data






10. Part ownership in a company






11. The length of the loan






12. Share of the profits of a company






13. A percentage discount to customers






14. The number you are multipliying by






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






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






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






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






19. Interest calculated on the principle






20. Deciding if its worth the risk






21. Time worked beyond the established working hours






22. Costs that remain constant






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






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






25. Per day






26. Per annum - yearly






27. Preference and common






28. A bill






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






30. Amounts of money you owe






31. The highest number in a group of data






32. The number you are dividing by






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






34. A loan






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






36. The number to be divided by






37. Interest is paid 365 times a year






38. Interest calculated on the principal plus any accumulated interest






39. Costs that fluctuate






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






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






42. Interest is paid once a year






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






44. you may get a large return or get nothing






45. Simple and compound






46. The borrower






47. Parts of a whole number






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






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






50. Commission fee - inflation rate - capital gains tax