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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. The owner of the property






2. Algebraic - arithmetic






3. Part ownership in a company






4. The number to be divided by






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






6. The score that falls in the middle






7. The unexpected variablility of returns






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






9. Interest is paid four times a year






10. Per annum - yearly






11. The borrower






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






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






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






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






16. A series of discounts






17. A bill






18. A number calculated from sample data






19. The lender






20. The lowest number in a group of data






21. The first number






22. Deciding if its worth the risk






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






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






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






26. Interest is paid once a year






27. The total of units multiplied by the price






28. Interest calculated on the principle






29. The number you are dividing by






30. Per day






31. The depreciation of an asset as an expense






32. Interest is paid twice a year






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






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






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






36. Interest is paid twelve times a year






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






38. of one hundred






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






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






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






42. Security for a loan






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






44. Non-payment






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






46. Costs that fluctuate






47. Things you own






48. When two ratios are equal






49. Shows the money coming in and expenses for a certain period of time.






50. A loan