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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. Interest is paid 365 times a year






2. A series of discounts






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






4. The total of units multiplied by the price






5. The borrower






6. The number to be divided by






7. The number you are dividing by






8. The score that falls in the middle






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






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






11. A bill






12. The final figures






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






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






15. Costs that remain constant






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






17. Time worked beyond the established working hours






18. The highest number in a group of data






19. A comparison of two numbers






20. The length of the loan






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






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






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






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






25. Things you own






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






27. Part ownership in a company






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






29. you may get a large return or get nothing






30. Interest is paid twelve times a year






31. The length of time until the debt is zero






32. The unexpected variablility of returns






33. A percentage discount to customers






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






35. The lowest number in a group of data






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






37. Interest is paid once a year






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






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






40. The owner of the property






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






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






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






44. Commission fee - inflation rate - capital gains tax






45. Costs that fluctuate






46. Interest calculated on the principal plus any accumulated interest






47. Preference and common






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






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






50. The lender