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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 comparison of two numbers






2. Part ownership in a company






3. A percentage discount to customers






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






5. Things you own






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






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






8. of one hundred






9. The number to be divided by






10. The amount the property is worth at the end of the lease






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






12. The score that falls in the middle






13. Deciding if its worth the risk






14. An item of data the stays the same






15. Investing in a well-established company






16. Time worked beyond the established working hours






17. Share of the profits of a company






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






19. Interest is paid twice a year






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






21. Per annum - yearly






22. Costs that remain constant






23. Interest is paid once a year






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






25. A number calculated from sample data






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






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






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






29. The length of time until the debt is zero






30. Interest is paid 365 times a year






31. Paid in full






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






33. Amounts of money you owe






34. Interest is paid four times a year






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






36. The length of the loan






37. The unexpected variablility of returns






38. Simple and compound






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






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






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






42. Costs that fluctuate






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






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






45. Interest calculated on the principal plus any accumulated interest






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






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






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






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






50. you may get a large return or get nothing