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






2. Something that is expected to return a profit






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






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






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






6. The first number






7. An item of data the stays the same






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






9. The owner of the property






10. Parts of a whole number






11. Preference and common






12. A portion of the population being studied






13. The lowest number in a group of data






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






15. The borrower






16. A loan






17. Amounts of money you owe






18. Interest is paid twelve times a year






19. Things you own






20. of one hundred






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






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






23. A number calculated from sample data






24. A comparison of two numbers






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






26. Money given to someone on condition the person will return the money and interest by a specific date






27. Paid dividends after the preference shares have been paid






28. Interest calculated on the principal plus any accumulated interest






29. The lender






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






31. Interest calculated on the principle






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






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






34. The length of time until the debt is zero






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






36. Costs that fluctuate






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






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






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






40. When two ratios are equal






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






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






43. Interest is paid twice a year






44. Interest is paid 365 times a year






45. Algebraic - arithmetic






46. loans to companies or goverments (no voting rights)






47. Simple and compound






48. A series of discounts






49. Interest is paid four times a year






50. Deciding if its worth the risk