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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. A bill






2. Things you own






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






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






5. The highest number in a group of data






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






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






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






9. Deciding if its worth the risk






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






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






12. The number you are dividing by






13. Paid dividends after the preference shares have been paid






14. Interest is paid twice a year






15. Non-payment






16. A number calculated from sample data






17. A series of discounts






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






19. The final figures






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






21. Interest calculated on the principle






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






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






24. The borrower






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






26. Amounts of money you owe






27. Interest is paid four times a year






28. Parts of a whole number






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






30. The number to be divided by






31. When two ratios are equal






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






33. The first number






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






35. A portion of the population being studied






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






37. A percentage discount to customers






38. The total of units multiplied by the price






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






40. An item of data the stays the same






41. The number you are multipliying by






42. The lender






43. Part ownership in a company






44. Number calculated from population data






45. The unexpected variablility of returns






46. A loan






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






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






49. Commission fee - inflation rate - capital gains tax






50. Time worked beyond the established working hours







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