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






2. The depreciation of an asset as an expense






3. The score that falls in the middle






4. Commission fee - inflation rate - capital gains tax






5. Non-payment






6. The lender






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






8. Things you own






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






10. Security for a loan






11. of one hundred






12. Interest is paid four times a year






13. The length of the loan






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






15. The lowest number in a group of data






16. The borrower






17. Algebraic - arithmetic






18. The number to be divided by






19. Paid in full






20. Preference and common






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






22. Share of the profits of a company






23. Something that is expected to return a profit






24. A portion of the population being studied






25. Investing in a well-established company






26. Interest is paid twelve times a year






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






28. Amounts of money you owe






29. Deciding if its worth the risk






30. When two ratios are equal






31. Part ownership in a company






32. Time worked beyond the established working hours






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






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






35. A series of discounts






36. Interest calculated on the principle






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






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






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






40. The number you are multipliying by






41. Parts of a whole number






42. Interest is paid twice a year






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






44. The final figures






45. Costs that remain constant






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






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






48. The unexpected variablility of returns






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






50. A number calculated from sample data