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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 highest number in a group of data






2. Interest is paid four times a year






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






4. Interest is paid twice a year






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






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






7. Interest calculated on the principal plus any accumulated interest






8. Commission fee - inflation rate - capital gains tax






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






10. Non-payment






11. Part ownership in a company






12. Deciding if its worth the risk






13. The first number






14. A series of discounts






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






16. The lowest number in a group of data






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






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






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






20. Something that is expected to return a profit






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






22. Time worked beyond the established working hours






23. The borrower






24. Algebraic - arithmetic






25. The number you are multipliying by






26. Costs that fluctuate






27. The unexpected variablility of returns






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






29. The interest amount is small - but you are guaranteed to get something






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






31. The final figures






32. The length of the loan






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






34. Parts of a whole number






35. A percentage discount to customers






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






37. Paid dividends after the preference shares have been paid






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






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






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






41. The score that falls in the middle






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






43. A comparison of two numbers






44. A bill






45. Paid in full






46. A portion of the population being studied






47. The length of time until the debt is zero






48. When two ratios are equal






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






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