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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 unexpected variablility of returns






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






3. Part ownership in a company






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






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






6. The length of time until the debt is zero






7. Amounts of money you owe






8. Interest calculated on the principal plus any accumulated interest






9. Paid dividends after the preference shares have been paid






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






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






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






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






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






15. A percentage discount to customers






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






17. of one hundred






18. The number to be divided by






19. Investing in a well-established company






20. The number you are dividing by






21. A comparison of two numbers






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






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






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






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






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






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






28. The depreciation of an asset as an expense






29. Time worked beyond the established working hours






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






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






32. A series of discounts






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






34. The lowest number in a group of data






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






36. you may get a large return or get nothing






37. The highest number in a group of data






38. Preference and common






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






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






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






42. A contract giving someone the right to use something for a certain length of time






43. The length of the loan






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






45. Security for a loan






46. The borrower






47. A bill






48. An item of data the stays the same






49. Per day






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