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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. Per day






2. Security for a loan






3. A loan






4. Number calculated from population data






5. More than one frequently occuring value in a group of data






6. Time worked beyond the established working hours






7. Paid in full






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






9. The length of time until the debt is zero






10. Interest is paid four times a year






11. Per annum - yearly






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






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






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






15. Amounts of money you owe






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






17. The number you are multipliying by






18. The depreciation of an asset as an expense






19. The total of units multiplied by the price






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






21. The number to be divided by






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






23. The unexpected variablility of returns






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






25. A portion of the population being studied






26. Preference and common






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






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






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






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






31. The lender






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






33. Interest is paid twelve times a year






34. Interest is paid twice a year






35. Interest is paid 365 times a year






36. Algebraic - arithmetic






37. Paid dividends after the preference shares have been paid






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






39. The highest number in a group of data






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






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






42. A series of discounts






43. Costs that remain constant






44. Interest calculated on the principal plus any accumulated interest






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






46. A bill






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






48. you may get a large return or get nothing






49. Share of the profits of a company






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







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Can you answer 50 questions in 15 minutes?


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