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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. Parts of a whole number






2. The length of time until the debt is zero






3. Non-payment






4. A series of discounts






5. Interest is paid once a year






6. A portion of the population being studied






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






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






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






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






11. Paid in full






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






13. Algebraic - arithmetic






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






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






16. The number you are dividing by






17. Interest is paid twelve times a year






18. The lowest number in a group of data






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






20. Simple and compound






21. Things you own






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






23. A number calculated from sample data






24. Time worked beyond the established working hours






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






26. of one hundred






27. Something that is expected to return a profit






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






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






30. Security for a loan






31. The total of units multiplied by the price






32. A percentage discount to customers






33. The number you are multipliying by






34. The lender






35. A comparison of two numbers






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






37. A bill






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






39. Part ownership in a company






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






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






42. The number to be divided by






43. The length of the loan






44. The owner of the property






45. you may get a large return or get nothing






46. When two ratios are equal






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






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






49. Amounts of money you owe






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







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