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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. Share of the profits of a company






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






3. The length of the loan






4. Interest is paid 365 times a year






5. Costs that fluctuate






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






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






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






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






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






11. The number to be divided by






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






13. The highest number in a group of data






14. A portion of the population being studied






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






16. Per day






17. Preference and common






18. Simple and compound






19. A bill






20. When two ratios are equal






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






22. The number you are multipliying by






23. Commission fee - inflation rate - capital gains tax






24. The borrower






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






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






27. The owner of the property






28. Part ownership in a company






29. Interest calculated on the principal plus any accumulated interest






30. An item of data the stays the same






31. A number calculated from sample data






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






33. Deciding if its worth the risk






34. Interest is paid twice a year






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






36. Interest is paid once a year






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






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






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






40. you may get a large return or get nothing






41. Interest is paid twelve times a year






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






43. Algebraic - arithmetic






44. A percentage discount to customers






45. Parts of a whole number






46. The process of repossessing and selling the real or personal property when the borrower has defaulted






47. The score that falls in the middle






48. The lender






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






50. Non-payment