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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. Paid dividends after the preference shares have been paid






2. Algebraic - arithmetic






3. Per day






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






5. Something that is expected to return a profit






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






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






8. The lowest number in a group of data






9. Interest is paid 365 times a year






10. The number to be divided by






11. A percentage discount to customers






12. The total of units multiplied by the price






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






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






15. A loan






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






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






18. Per annum - yearly






19. Number calculated from population data






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






21. Interest is paid twelve times a year






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






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






24. Paid in full






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






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






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






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






29. Interest is paid four times a year






30. you may get a large return or get nothing






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






32. Things you own






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






34. A comparison of two numbers






35. A bill






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






37. The first number






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






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






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






41. of one hundred






42. Share of the profits of a company






43. Interest calculated on the principle






44. Amounts of money you owe






45. The depreciation of an asset as an expense






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






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






48. Interest is paid once a year






49. A series of discounts






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