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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. Interest is paid twelve times a year






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






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






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






5. The total of units multiplied by the price






6. Non-payment






7. Paid dividends after the preference shares have been paid






8. The length of the loan






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






10. of one hundred






11. A percentage discount to customers






12. Commission fee - inflation rate - capital gains tax






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






14. The number you are dividing by






15. The owner of the property






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






17. The highest number in a group of data






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






19. Costs that fluctuate






20. The number to be divided by






21. A loan






22. Per annum - yearly






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






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






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






26. Interest is paid 365 times a year






27. The length of time until the debt is zero






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






29. An item of data the stays the same






30. Costs that remain constant






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






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






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






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






35. The final figures






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






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






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






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






40. The depreciation of an asset as an expense






41. Part ownership in a company






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






43. Per day






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






45. Share of the profits of a company






46. Interest calculated on the principle






47. The lender






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






49. Interest calculated on the principal plus any accumulated interest






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







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Can you answer 50 questions in 15 minutes?


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