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






2. Paid dividends after the preference shares have been paid






3. A portion of the population being studied






4. The borrower






5. Security for a loan






6. A bill






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






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






9. The length of the loan






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






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






12. The number you are multipliying by






13. The final figures






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






15. A series of discounts






16. Deciding if its worth the risk






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






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






19. Something that is expected to return a profit






20. An item of data the stays the same






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






22. Interest calculated on the principal plus any accumulated interest






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






24. Simple and compound






25. Time worked beyond the established working hours






26. Parts of a whole number






27. Paid in full






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






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






30. Interest is paid twelve times a year






31. The number you are dividing by






32. A comparison of two numbers






33. The number to be divided by






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






35. Share of the profits of a company






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






37. Preference and common






38. Interest is paid twice a year






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






40. Interest is paid 365 times a year






41. Things you own






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






43. Number calculated from population data






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






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






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






47. The owner of the property






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






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






50. Costs that remain constant