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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 price after any down-payment or trade-in






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






3. Non-payment






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






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






6. Parts of a whole number






7. Interest is paid 365 times a year






8. The number you are dividing by






9. A series of discounts






10. The unexpected variablility of returns






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






12. Deciding if its worth the risk






13. The owner of the property






14. Security for a loan






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






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






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






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






19. A bill






20. The depreciation of an asset as an expense






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






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






23. The highest number in a group of data






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






25. Things you own






26. Interest calculated on the principal plus any accumulated interest






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






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






29. A number calculated from sample data






30. Part ownership in a company






31. A portion of the population being studied






32. Something that is expected to return a profit






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






34. The number you are multipliying by






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






36. The first number






37. Amounts of money you owe






38. Commission fee - inflation rate - capital gains tax






39. Per day






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






41. Share of the profits of a company






42. Time worked beyond the established working hours






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






44. Per annum - yearly






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






46. The length of the loan






47. Preference and common






48. Investing in a well-established company






49. A rate that one currency can be exchanged for another






50. A comparison of two numbers