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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. Investing in a well-established company






3. Part ownership in a company






4. Interest calculated on the principle






5. Parts of a whole number






6. Algebraic - arithmetic






7. Costs that fluctuate






8. The score that falls in the middle






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






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






11. The unexpected variablility of returns






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






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






14. A bill






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






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






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






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






19. Interest is paid 365 times a year






20. Per annum - yearly






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






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






23. A series of discounts






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






25. Security for a loan






26. Per day






27. The length of the loan






28. Things you own






29. Costs that remain constant






30. Time worked beyond the established working hours






31. The lender






32. Non-payment






33. Interest is paid twice a year






34. The lowest number in a group of data






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






36. The number you are dividing by






37. The first number






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






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






40. Share of the profits of a company






41. A percentage discount to customers






42. Paid dividends after the preference shares have been paid






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






44. Interest is paid twelve times a year






45. A number calculated from sample data






46. Simple and compound






47. The borrower






48. Amounts of money you owe






49. The number to be divided by






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