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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 amount the property is worth at the end of the lease






2. Security for a loan






3. Paid in full






4. The unexpected variablility of returns






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






6. Amounts of money you owe






7. Paid dividends after the preference shares have been paid






8. Interest calculated on the principal plus any accumulated interest






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






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






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






12. A series of discounts






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






14. Parts of a whole number






15. A percentage discount to customers






16. Non-payment






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






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






19. Money earned on an investment or paid on a loan






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






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






22. Things you own






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






24. of one hundred






25. The final figures






26. Investing in a well-established company






27. Per annum - yearly






28. Per day






29. The depreciation of an asset as an expense






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






31. Interest calculated on the principle






32. The lender






33. Interest is paid twice a year






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






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






36. The lowest number in a group of data






37. The length of the loan






38. Preference and common






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






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






41. Number calculated from population data






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






43. you may get a large return or get nothing






44. Something that is expected to return a profit






45. The owner of the property






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






47. A comparison of two numbers






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






49. Algebraic - arithmetic






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