## Test your basic knowledge |

# 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. The info collected from a survey and the figures generated through statistical analysis**

**2. Shows the assets - liabilities and financial position of the company**

**3. Interest is paid once a year**

**4. Security for a loan**

**5. loans to companies or goverments (no voting rights)**

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

**7. The lender**

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

**9. The borrower**

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

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

**12. A rate that one currency can be exchanged for another**

**13. A loan**

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

**15. Interest is paid twelve times a year**

**16. The unexpected variablility of returns**

**17. Interest is paid four times a year**

**18. The first number**

**19. The final figures**

**20. The highest number in a group of data**

**21. Interest is paid twice a year**

**22. Simple and compound**

**23. A series of discounts**

**24. The price after any down-payment or trade-in**

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

**26. A portion of the population being studied**

**27. The depreciation of an asset as an expense**

**28. The most frequently occuring value in a group of data**

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

**30. Interest is paid 365 times a year**

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

**32. Parts of a whole number**

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

**34. The score that falls in the middle**

**35. The number you are multipliying by**

**36. Money earned on an investment or paid on a loan**

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

**38. A bill**

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

**40. Algebraic - arithmetic**

**41. Costs that remain constant**

**42. A percentage discount to customers**

**43. of one hundred**

**44. Non-payment**

**45. Where info is collected for every unit of the population**

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

**47. Share of the profits of a company**

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

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

**50. Time worked beyond the established working hours**