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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. A comparison of two numbers






2. The lowest number in a group of data






3. Things you own






4. Non-payment






5. When two ratios are equal






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






7. A bill






8. A percentage discount to customers






9. Costs that remain constant






10. The borrower






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






12. Preference and common






13. Interest is paid twice a year






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






15. The lender






16. The score that falls in the middle






17. A series of discounts






18. The final figures






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






20. Part ownership in a company






21. Investing in a well-established company






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






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






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






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






26. The number you are dividing by






27. Interest is paid once a year






28. The total of units multiplied by the price






29. Number calculated from population data






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






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






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






33. The unexpected variablility of returns






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






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






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






37. Interest calculated on the principal plus any accumulated interest






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






39. A loan






40. Interest is paid twelve times a year






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






42. An item of data the stays the same






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






44. The depreciation of an asset as an expense






45. Amounts of money you owe






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






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






48. The number you are multipliying by






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






50. Paid in full