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






3. Interest calculated on the principal plus any accumulated interest






4. Part ownership in a company






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






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






7. The lowest number in a group of data






8. Something that is expected to return a profit






9. The highest number in a group of data






10. Number calculated from population data






11. A number calculated from sample data






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






13. Money given to someone on condition the person will return the money and interest by a specific date






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






15. Interest is paid four times a year






16. Interest is paid once a year






17. An item of data the stays the same






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






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






20. Per annum - yearly






21. The length of time until the debt is zero






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






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






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






25. The first number






26. Property other than real estate (often called a chattel mortgage)






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






28. The lender






29. Share of the profits of a company






30. Parts of a whole number






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






32. The number you are dividing by






33. A percentage discount to customers






34. Costs that fluctuate






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






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






37. When two ratios are equal






38. of one hundred






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






40. The owner of the property






41. Things you own






42. you may get a large return or get nothing






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






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






45. A comparison of two numbers






46. The length of the loan






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






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






49. The number you are multipliying by






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