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






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






3. The score that falls in the middle






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






5. An item of data the stays the same






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






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






8. The final figures






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






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






11. The lender






12. Interest is paid twelve times a year






13. A series of discounts






14. Interest is paid four times a year






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






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






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






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






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






20. The total of units multiplied by the price






21. Security for a loan






22. Investing in a well-established company






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






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






25. Interest calculated on the principal plus any accumulated interest






26. A comparison of two numbers






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






28. Deciding if its worth the risk






29. Interest is paid 365 times a year






30. Number calculated from population data






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






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






33. The length of the loan






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






35. The highest number in a group of data






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






37. The process of repossessing and selling the real or personal property when the borrower has defaulted






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






39. The unexpected variablility of returns






40. Paid dividends after the preference shares have been paid






41. The length of time until the debt is zero






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






43. The owner of the property






44. Preference and common






45. Parts of a whole number






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






47. The number you are multipliying by






48. Something that is expected to return a profit






49. Part ownership in a company






50. The first number