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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. An item of data the stays the same






2. The lowest number in a group of data






3. Interest is paid twelve times a year






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






5. The length of time until the debt is zero






6. Something that is expected to return a profit






7. The number to be divided by






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






9. Number calculated from population data






10. A bill






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






12. A portion of the population being studied






13. Share of the profits of a company






14. Interest is paid twice a year






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






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






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






18. A loan






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






20. When two ratios are equal






21. Per day






22. Algebraic - arithmetic






23. Preference and common






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






25. Paid dividends after the preference shares have been paid






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






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






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






29. A series of discounts






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






31. Per annum - yearly






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






33. Costs that remain constant






34. of one hundred






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






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






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






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






39. Security for a loan






40. A comparison of two numbers






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






42. The borrower






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






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






45. The final figures






46. Interest is paid 365 times a year






47. The number you are dividing by






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






49. The unexpected variablility of returns






50. Paid in full