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






2. Something that is expected to return a profit






3. A percentage discount to customers






4. of one hundred






5. The number you are dividing by






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






7. Interest calculated on the principal plus any accumulated interest






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






9. Deciding if its worth the risk






10. The borrower






11. Per annum - yearly






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






13. When two ratios are equal






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






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






16. The score that falls in the middle






17. The length of time until the debt is zero






18. Paid in full






19. Investing in a well-established company






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






21. Costs that fluctuate






22. Things you own






23. The depreciation of an asset as an expense






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






25. A loan






26. Number calculated from population data






27. Per day






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






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






30. Simple and compound






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






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






33. Security for a loan






34. The price after any down-payment or trade-in






35. Interest calculated on the principle






36. Interest is paid twice a year






37. The unexpected variablility of returns






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






39. Interest is paid once a year






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






41. The final figures






42. The number to be divided by






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






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






45. A portion of the population being studied






46. The first number






47. you may get a large return or get nothing






48. The lender






49. Paid dividends after the preference shares have been paid






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