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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 number calculated from sample data






2. Interest is paid 365 times a year






3. Non-payment






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






5. The lender






6. Costs that fluctuate






7. A percentage discount to customers






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






9. The number you are multipliying by






10. A loan






11. An item of data the stays the same






12. Share of the profits of a company






13. Costs that remain constant






14. Per annum - yearly






15. Algebraic - arithmetic






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






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






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






19. The highest number in a group of data






20. Investing in a well-established company






21. Interest is paid twice a year






22. A bill






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






24. The score that falls in the middle






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






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






27. Things you own






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






29. The first number






30. Paid in full






31. The number you are dividing by






32. Interest calculated on the principle






33. The length of time until the debt is zero






34. Amounts of money you owe






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






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






37. Simple and compound






38. Preference and common






39. Something that is expected to return a profit






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






41. Interest is paid four times a year






42. Time worked beyond the established working hours






43. of one hundred






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






45. Interest is paid twelve times a year






46. Security for a loan






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






48. The borrower






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






50. Interest is paid once a year