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DSST Business Math Vocab 2

  • 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 price after any down-payment or trade-in

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

3. Investing in a well-established company

4. The score that falls in the middle

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

6. The number you are multipliying by

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

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

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

10. Parts of a whole number

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

12. Paid dividends after the preference shares have been paid

13. The final figures

14. Commission fee - inflation rate - capital gains tax

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

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

17. The length of time until the debt is zero

18. A loan

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

20. Interest calculated on the principle

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

22. Paid in full

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

24. Costs that remain constant

25. Preference and common

26. When two ratios are equal

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

28. Things you own

29. The unexpected variablility of returns

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

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

32. Interest is paid once a year

33. Interest is paid twice a year

34. Amounts of money you owe

35. A portion of the population being studied

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

37. The first number

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

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

40. The number you are dividing by

41. A number calculated from sample data

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

43. you may get a large return or get nothing

44. Non-payment

45. Per day

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

47. Simple and compound

48. A bill

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

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