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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. Non-payment






2. The owner of the property






3. The total of units multiplied by the price






4. Interest is paid twice a year






5. Algebraic - arithmetic






6. The score that falls in the middle






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






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






9. The depreciation of an asset as an expense






10. Time worked beyond the established working hours






11. The unexpected variablility of returns






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






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






14. Interest is paid twelve times a year






15. The final figures






16. The number to be divided by






17. Commission fee - inflation rate - capital gains tax






18. of one hundred






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






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






21. The lender






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






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






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






25. Interest is paid four times a year






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






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






28. The number you are multipliying by






29. The lowest number in a group of data






30. A loan






31. Interest is paid once a year






32. Things you own






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






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






35. Interest calculated on the principle






36. Paid dividends after the preference shares have been paid






37. When two ratios are equal






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






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






40. Something that is expected to return a profit






41. The first number






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






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






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






45. Preference and common






46. The borrower






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






48. A bill






49. A comparison of two numbers






50. The length of time until the debt is zero







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