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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. Costs that remain constant






3. Interest is paid once a year






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






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






6. The borrower






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






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






9. Security for a loan






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






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






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






13. The depreciation of an asset as an expense






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






15. Amounts of money you owe






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






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






18. Paid dividends after the preference shares have been paid






19. A portion of the population being studied






20. The number to be divided by






21. The number you are dividing by






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






23. Parts of a whole number






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






25. you may get a large return or get nothing






26. Simple and compound






27. The total of units multiplied by the price






28. Interest is paid four times a year






29. The first number






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






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






32. The length of time until the debt is zero






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






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






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






36. The lowest number in a group of data






37. When two ratios are equal






38. Per annum - yearly






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






40. Per day






41. A number calculated from sample data






42. The final figures






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






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






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






46. Investing in a well-established company






47. Interest calculated on the principle






48. Costs that fluctuate






49. A bill






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







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Can you answer 50 questions in 15 minutes?


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