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. The owner of the property






2. The first number






3. Interest is paid twelve times a year






4. The point where income and expenses intersect (no loss or profit)






5. Interest is paid once a year






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






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






8. The score that falls in the middle






9. Amounts of money you owe






10. Costs that remain constant






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






12. The lowest number in a group of data






13. A percentage discount to customers






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






15. A portion of the population being studied






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






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






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






19. of one hundred






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






21. Something that is expected to return a profit






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






23. An item of data the stays the same






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






25. Number calculated from population data






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






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






28. The total of units multiplied by the price






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






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






31. The lender






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






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






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






35. Investing in a well-established company






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






37. Per annum - yearly






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






39. The number you are multipliying by






40. The borrower






41. Costs that fluctuate






42. Per day






43. Interest calculated on the principal plus any accumulated interest






44. The unexpected variablility of returns






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






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






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






48. Preference and common






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






50. The final figures