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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. Commission fee - inflation rate - capital gains tax






2. Costs that fluctuate






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






4. Parts of a whole number






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






6. Per annum - yearly






7. A loan






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






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






10. Investing in a well-established company






11. you may get a large return or get nothing






12. The unexpected variablility of returns






13. A percentage discount to customers






14. Deciding if its worth the risk






15. Time worked beyond the established working hours






16. Interest is paid twice a year






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






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






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






20. Part ownership in a company






21. Preference and common






22. The length of the loan






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






24. A bill






25. The highest number in a group of data






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






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






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






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






30. Amounts of money you owe






31. The first number






32. The owner of the property






33. The depreciation of an asset as an expense






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






35. Algebraic - arithmetic






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






37. The lowest number in a group of data






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






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






40. Simple and compound






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






42. Interest calculated on the principal plus any accumulated interest






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






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






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






46. Interest is paid twelve times a year






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






48. The number you are multipliying by






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






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