Test your basic knowledge |

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 chart that shows the balance of the mortgage after each amortization period






2. Paid dividends after the preference shares have been paid






3. Investing in a well-established company






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






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






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






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






8. Parts of a whole number






9. A loan






10. The lowest number in a group of data






11. An item of data the stays the same






12. The number you are multipliying by






13. Something that is expected to return a profit






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






15. Costs that remain constant






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






17. Simple and compound






18. Per annum - yearly






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






20. Things you own






21. Commission fee - inflation rate - capital gains tax






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






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






24. Interest calculated on the principle






25. Security for a loan






26. of one hundred






27. The first number






28. A comparison of two numbers






29. The depreciation of an asset as an expense






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






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






32. Part ownership in a company






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






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






35. The number you are dividing by






36. The final figures






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






38. The score that falls in the middle






39. Interest is paid twelve times a year






40. The highest number in a group of data






41. The length of the loan






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






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






44. you may get a large return or get nothing






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






46. A bill






47. The lender






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






49. Interest is paid four times a year






50. Interest is paid 365 times a year