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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. An item of data the stays the same






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






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






4. Per day






5. A percentage discount to customers






6. Parts of a whole number






7. Investing in a well-established company






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






9. The lowest number in a group of data






10. When two ratios are equal






11. The score that falls in the middle






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






13. Costs that fluctuate






14. Something that is expected to return a profit






15. The number you are multipliying by






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






17. The first number






18. Security for a loan






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






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






21. The number to be divided by






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






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






24. The depreciation of an asset as an expense






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






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






27. A portion of the population being studied






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






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






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






31. Simple and compound






32. The owner of the property






33. Commission fee - inflation rate - capital gains tax






34. Interest is paid four times a year






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






36. Preference and common






37. A loan






38. The unexpected variablility of returns






39. Interest is paid 365 times a year






40. Interest is paid once a year






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






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






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






44. The total of units multiplied by the price






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






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






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






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






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






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