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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. electronic - portable (pocket) - computer - spreadsheets






2. A comparison of two numbers






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






4. Costs that remain constant






5. Interest is paid once a year






6. An item of data the stays the same






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






8. When two ratios are equal






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






10. Part ownership in a company






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






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






13. Investing in a well-established company






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






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






16. The number you are dividing by






17. Interest is paid twice a year






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






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






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






21. A bill






22. The lowest number in a group of data






23. Share of the profits of a company






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






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






26. Per day






27. Security for a loan






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






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






30. Things you own






31. The lender






32. Interest calculated on the principal plus any accumulated interest






33. Interest is paid twelve times a year






34. The score that falls in the middle






35. Paid in full






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






37. Paid dividends after the preference shares have been paid






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






39. Commission fee - inflation rate - capital gains tax






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






41. of one hundred






42. The total of units multiplied by the price






43. The final figures






44. Interest is paid 365 times a year






45. A number calculated from sample data






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






47. Costs that fluctuate






48. Number calculated from population data






49. The owner of the property






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