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DSST Business Math Vocab 2

  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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. Provide a specific dividend that is paid before any dividends are paid to common stock holders

2. A comparison of two numbers

3. Share of the profits of a company

4. The length of the loan

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

6. Algebraic - arithmetic

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

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

9. Interest is paid twice a year

10. Security for a loan

11. Interest calculated on the principle

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

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

14. Interest is paid twelve times a year

15. Per annum - yearly

16. Amounts of money you owe

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

18. Something that is expected to return a profit

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

20. Interest is paid once a year

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

22. Parts of a whole number

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

24. Preference and common

25. An item of data the stays the same

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

27. The final figures

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

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

30. The score that falls in the middle

31. An item of data that has a different value at different times

32. Deciding if its worth the risk

33. A number calculated from sample data

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

35. A loan

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

37. Part ownership in a company

38. Commission fee - inflation rate - capital gains tax

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

40. The number to be divided by

41. Paid dividends after the preference shares have been paid

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

43. The number you are multipliying by

44. The lender

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

46. of one hundred

47. Things you own

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

49. Simple and compound

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