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






2. Costs that remain constant






3. A portion of the population being studied






4. A series of discounts






5. Per day






6. Interest is paid once a year






7. of one hundred






8. Paid in full






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






10. Number calculated from population data






11. The depreciation of an asset as an expense






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






13. Interest is paid twice a year






14. Amount of money coming in and going out of your business monthly






15. Part ownership in a company






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






17. Simple and compound






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






19. When two ratios are equal






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






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






22. Interest is paid twelve times a year






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






24. Interest calculated on the principle






25. Share of the profits of a company






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






27. Security for a loan






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






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






30. A number calculated from sample data






31. Preference and common






32. Deciding if its worth the risk






33. The length of time until the debt is zero






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






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






36. you may get a large return or get nothing






37. The first number






38. Per annum - yearly






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






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






41. The unexpected variablility of returns






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






43. Costs that fluctuate






44. The highest number in a group of data






45. Algebraic - arithmetic






46. Commission fee - inflation rate - capital gains tax






47. The number you are dividing by






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






49. Interest is paid four times a year






50. Parts of a whole number