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






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






3. The number you are multipliying by






4. The owner of the property






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






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






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






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






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






10. The unexpected variablility of returns






11. Interest calculated on the principle






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






13. Interest is paid 365 times a year






14. of one hundred






15. The borrower






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






17. Algebraic - arithmetic






18. A loan






19. Interest is paid four times a year






20. The lowest number in a group of data






21. A series of discounts






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






23. Commission fee - inflation rate - capital gains tax






24. The length of time until the debt is zero






25. The lender






26. A portion of the population being studied






27. Interest calculated on the principal plus any accumulated interest






28. The number to be divided by






29. The length of the loan






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






31. The number you are dividing by






32. A percentage discount to customers






33. Costs that remain constant






34. The first number






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






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






37. The score that falls in the middle






38. The total of units multiplied by the price






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






40. Something that is expected to return a profit






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






42. Preference and common






43. A number calculated from sample data






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






45. Interest is paid once a year






46. Number calculated from population data






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






48. When two ratios are equal






49. you may get a large return or get nothing






50. Time worked beyond the established working hours







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Can you answer 50 questions in 15 minutes?


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