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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 percentage discount to customers






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






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






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






5. Parts of a whole number






6. The final figures






7. Per annum - yearly






8. Preference and common






9. Interest is paid twice a year






10. Interest is paid once a year






11. Time worked beyond the established working hours






12. The number to be divided by






13. Share of the profits of a company






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






15. Costs that remain constant






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






17. Amounts of money you owe






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






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






20. A portion of the population being studied






21. Investing in a well-established company






22. Something that is expected to return a profit






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






24. The first number






25. Algebraic - arithmetic






26. Interest is paid four times a year






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






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






29. The length of the loan






30. Costs that fluctuate






31. When two ratios are equal






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






33. The lowest number in a group of data






34. Commission fee - inflation rate - capital gains tax






35. Interest is paid 365 times a year






36. The owner of the property






37. Things you own






38. A bill






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






40. Simple and compound






41. The score that falls in the middle






42. The total of units multiplied by the price






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






44. Per day






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






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






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






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






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






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