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






3. Time worked beyond the established working hours






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






5. Paid dividends after the preference shares have been paid






6. The number you are multipliying by






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






8. Commission fee - inflation rate - capital gains tax






9. The final figures






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






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






12. The number to be divided by






13. Interest calculated on the principal plus any accumulated interest






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






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






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






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






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






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






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






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






22. The depreciation of an asset as an expense






23. A series of discounts






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






25. A number calculated from sample data






26. Paid in full






27. An item of data the stays the same






28. Share of the profits of a company






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






30. Part ownership in a company






31. Algebraic - arithmetic






32. Amounts of money you owe






33. A percentage discount to customers






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






35. A bill






36. The lowest number in a group of data






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






38. Interest is paid once a year






39. Security for a loan






40. Number calculated from population data






41. When two ratios are equal






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






43. Per day






44. Deciding if its worth the risk






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






46. The amount the property is worth at the end of the lease






47. Non-payment






48. The number you are dividing by






49. The length of time until the debt is zero






50. Costs that remain constant