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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 number you are multipliying by






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






3. A loan






4. A series of discounts






5. The owner of the property






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






7. Share of the profits of a company






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






9. Parts of a whole number






10. The length of the loan






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






12. Security for a loan






13. The number to be divided by






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






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






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






17. A number calculated from sample data






18. Costs that fluctuate






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






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






21. Time worked beyond the established working hours






22. When two ratios are equal






23. Interest is paid 365 times a year






24. A percentage discount to customers






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






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






27. Paid dividends after the preference shares have been paid






28. you may get a large return or get nothing






29. Commission fee - inflation rate - capital gains tax






30. Interest calculated on the principal plus any accumulated interest






31. The lender






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






33. Interest is paid twice a year






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






35. (simple average) adding the group of items and dividing by the total number of items






36. Amounts of money you owe






37. The final figures






38. Costs that remain constant






39. A comparison of two numbers






40. Number calculated from population data






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






42. The majority of the early payments go toward paying the interest on the loan






43. The borrower






44. A bill






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






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






47. Something that is expected to return a profit






48. Interest is paid four times a year






49. Preference and common






50. The price after any down-payment or trade-in