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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 amount the property is worth at the end of the lease






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






3. Interest is paid four times a year






4. The first number






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






6. The final figures






7. Something that is expected to return a profit






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






9. Algebraic - arithmetic






10. of one hundred






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






12. Paid in full






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






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






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






16. Time worked beyond the established working hours






17. Amounts of money you owe






18. you may get a large return or get nothing






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






20. Preference and common






21. Part ownership in a company






22. Non-payment






23. Interest is paid twelve times a year






24. A loan






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






26. The lender






27. The depreciation of an asset as an expense






28. The owner of the property






29. The number you are dividing by






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






31. Interest calculated on the principal plus any accumulated interest






32. Paid dividends after the preference shares have been paid






33. Costs that remain constant






34. Costs that fluctuate






35. The length of the loan






36. Interest is paid 365 times a year






37. Simple and compound






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






39. The length of time until the debt is zero






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






41. A bill






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






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






44. The total of units multiplied by the price






45. Share of the profits of a company






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






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






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






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






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







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Can you answer 50 questions in 15 minutes?


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