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






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






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






4. Part ownership in a company






5. Number calculated from population data






6. Amounts of money you owe






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






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






9. Interest calculated on the principle






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






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






12. A bill






13. Simple and compound






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






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






16. Things you own






17. Paid in full






18. Algebraic - arithmetic






19. Something that is expected to return a profit






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






21. The number to be divided by






22. Per day






23. The highest number in a group of data






24. Investing in a well-established company






25. Interest calculated on the principal plus any accumulated interest






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






27. Security for a loan






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






29. Parts of a whole number






30. Costs that fluctuate






31. A portion of the population being studied






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






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






34. of one hundred






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






36. Commission fee - inflation rate - capital gains tax






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






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






39. A comparison of two numbers






40. Share of the profits of a company






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






42. Interest is paid twelve times a year






43. Interest is paid four times a year






44. The score that falls in the middle






45. The number you are multipliying by






46. Preference and common






47. The owner of the property






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






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






50. The borrower