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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. Parts of a whole number






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






3. Paid in full






4. A bill






5. Interest is paid twelve times a year






6. Paid dividends after the preference shares have been paid






7. The number to be divided by






8. Non-payment






9. When two ratios are equal






10. The final figures






11. Preference and common






12. A comparison of two numbers






13. Interest is paid four times a year






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






15. A portion of the population being studied






16. Amounts of money you owe






17. The number you are dividing by






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






19. Security for a loan






20. The first number






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






22. Interest is paid twice a year






23. Time worked beyond the established working hours






24. Something that is expected to return a profit






25. The length of the loan






26. Interest is paid once a year






27. The score that falls in the middle






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






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






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






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






32. Costs that fluctuate






33. Deciding if its worth the risk






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






35. Things you own






36. The depreciation of an asset as an expense






37. Number calculated from population data






38. The owner of the property






39. A series of discounts






40. Per annum - yearly






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






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






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






44. Costs that remain constant






45. A number calculated from sample data






46. Interest calculated on the principal plus any accumulated interest






47. The length of time until the debt is zero






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






49. Simple and compound






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







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Can you answer 50 questions in 15 minutes?


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