## Test your basic knowledge |

# 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. Simple and compound**

**2. Things you own**

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

**4. The final figures**

**5. The highest number in a group of data**

**6. An item of data the stays the same**

**7. of one hundred**

**8. Costs that remain constant**

**9. Interest is paid twelve times a year**

**10. Something that is expected to return a profit**

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

**12. The borrower**

**13. A portion of the population being studied**

**14. When two ratios are equal**

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

**16. The unexpected variablility of returns**

**17. Per annum - yearly**

**18. Interest is paid once a year**

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

**20. Money earned on an investment or paid on a loan**

**21. electronic - portable (pocket) - computer - spreadsheets**

**22. Time worked beyond the established working hours**

**23. More than one frequently occuring value in a group of data**

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

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

**26. Amounts of money you owe**

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

**28. Parts of a whole number**

**29. Number calculated from population data**

**30. The number you are dividing by**

**31. Per day**

**32. A comparison of two numbers**

**33. A rate that one currency can be exchanged for another**

**34. The total of units multiplied by the price**

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

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

**37. Share of the profits of a company**

**38. Non-payment**

**39. Interest is paid four times a year**

**40. A number calculated from sample data**

**41. The price after any down-payment or trade-in**

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

**43. A loan**

**44. A percentage discount to customers**

**45. Paid dividends after the preference shares have been paid**

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

**47. Where info is collected for every unit of the population**

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

**49. Preference and common**

**50. Interest calculated on the principle**