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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 once a year






2. Preference and common






3. Something that is expected to return a profit






4. Things you own






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






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






7. Share of the profits of a company






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






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






10. The lender






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






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






13. Part ownership in a company






14. Per day






15. Interest is paid twelve times a year






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






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






18. The borrower






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






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






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






22. Paid in full






23. A comparison of two numbers






24. An item of data the stays the same






25. Commission fee - inflation rate - capital gains tax






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






27. Costs that fluctuate






28. Number calculated from population data






29. A loan






30. A bill






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






32. of one hundred






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






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






35. A series of discounts






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






37. A decimal figure when x by 2400 gives an approximate annual interest rate






38. The first number






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






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






41. Deciding if its worth the risk






42. Parts of a whole number






43. The number you are dividing by






44. Paid dividends after the preference shares have been paid






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






46. A portion of the population being studied






47. The length of the loan






48. A percentage discount to customers






49. The final figures






50. Security for a loan