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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. loans to companies or goverments (no voting rights)






2. The depreciation of an asset as an expense






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






4. Costs that remain constant






5. The score that falls in the middle






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






7. Interest is paid once a year






8. Paid dividends after the preference shares have been paid






9. Costs that fluctuate






10. Commission fee - inflation rate - capital gains tax






11. Preference and common






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






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






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






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






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






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






18. An item of data the stays the same






19. Security for a loan






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






21. Non-payment






22. Part ownership in a company






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






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






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






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






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






28. Time worked beyond the established working hours






29. The unexpected variablility of returns






30. Deciding if its worth the risk






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






32. Algebraic - arithmetic






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






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






35. Simple and compound






36. Interest is paid twice a year






37. The highest number in a group of data






38. The total of units multiplied by the price






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






40. A comparison of two numbers






41. Things you own






42. Something that is expected to return a profit






43. A number calculated from sample data






44. The length of the loan






45. A bill






46. The borrower






47. you may get a large return or get nothing






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






49. Amounts of money you owe






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







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Can you answer 50 questions in 15 minutes?


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