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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 annum - yearly






2. of one hundred






3. Interest is paid 365 times a year






4. An item of data the stays the same






5. The length of the loan






6. Simple and compound






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






8. The number you are dividing by






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






10. Investing in a well-established company






11. Security for a loan






12. Number calculated from population data






13. The number you are multipliying by






14. The first number






15. Costs that remain constant






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






17. Interest is paid four times a year






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






19. Costs that fluctuate






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






21. Preference and common






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






23. A percentage discount to customers






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






25. The owner of the property






26. When two ratios are equal






27. The number to be divided by






28. Paid dividends after the preference shares have been paid






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






30. Algebraic - arithmetic






31. Parts of a whole number






32. The unexpected variablility of returns






33. A series of discounts






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






35. Per day






36. Interest is paid twice a year






37. The final figures






38. A bill






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






40. electronic - portable (pocket) - computer - spreadsheets






41. Amounts of money you owe






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






43. A loan






44. A portion of the population being studied






45. The interest amount is small - but you are guaranteed to get something






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






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






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






49. Non-payment






50. The lender