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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. A portion of the population being studied






2. The score that falls in the middle






3. The unexpected variablility of returns






4. A loan






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






6. Investing in a well-established company






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






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






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






10. The lowest number in a group of data






11. A series of discounts






12. The highest number in a group of data






13. Paid dividends after the preference shares have been paid






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






15. Number calculated from population data






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






17. Preference and common






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






19. Interest is paid twice a year






20. The final figures






21. The number to be divided by






22. real estate (houses - condos - warehouses - factories - etc)






23. Deciding if its worth the risk






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






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






26. The total of units multiplied by the price






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






28. A bill






29. Things you own






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






31. Part ownership in a company






32. Share of the profits of a company






33. Security for a loan






34. The lender






35. Time worked beyond the established working hours






36. Something that is expected to return a profit






37. The owner of the property






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






39. The first number






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






41. Interest calculated on the principle






42. A number calculated from sample data






43. Commission fee - inflation rate - capital gains tax






44. The depreciation of an asset as an expense






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






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






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






48. Paid in full






49. Per annum - yearly






50. The length of time until the debt is zero