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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. Paid in full






2. A bill






3. Paid dividends after the preference shares have been paid






4. Part ownership in a company






5. Investing in a well-established company






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






7. The number you are multipliying by






8. A comparison of two numbers






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






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






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






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






13. Algebraic - arithmetic






14. you may get a large return or get nothing






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






16. Interest is paid twelve times a year






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






18. Interest is paid 365 times a year






19. Parts of a whole number






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






21. The highest number in a group of data






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






23. of one hundred






24. The depreciation of an asset as an expense






25. The borrower






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






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






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






29. Costs that fluctuate






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






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






32. Interest is paid once a year






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






34. Costs that remain constant






35. Property other than real estate (often called a chattel mortgage)






36. A portion of the population being studied






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






38. Deciding if its worth the risk






39. Commission fee - inflation rate - capital gains tax






40. A series of discounts






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






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






43. Number calculated from population data






44. The final figures






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






46. Non-payment






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






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






49. Interest calculated on the principle






50. The lowest number in a group of data