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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 number to be divided by






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






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






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






5. of one hundred






6. A loan






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






8. The length of the loan






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






10. you may get a large return or get nothing






11. Parts of a whole number






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






13. A number calculated from sample data






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






15. Interest is paid once a year






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






17. Things you own






18. Interest calculated on the principle






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






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






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






22. A series of discounts






23. A bill






24. Algebraic - arithmetic






25. The lowest number in a group of data






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






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






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






29. The number you are multipliying by






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






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






32. Amounts of money you owe






33. Deciding if its worth the risk






34. The lender






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






36. Per annum - yearly






37. The depreciation of an asset as an expense






38. Preference and common






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






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






41. Something that is expected to return a profit






42. Costs that fluctuate






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






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






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






46. An item of data the stays the same






47. A portion of the population being studied






48. Time worked beyond the established working hours






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






50. The score that falls in the middle