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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. Costs that fluctuate






2. Amounts of money you owe






3. A loan






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






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






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






7. Share of the profits of a company






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






9. The owner of the property






10. Per annum - yearly






11. Number calculated from population data






12. Algebraic - arithmetic






13. you may get a large return or get nothing






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






15. Paid dividends after the preference shares have been paid






16. When two ratios are equal






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






18. Interest is paid four times a year






19. Interest is paid once a year






20. The score that falls in the middle






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






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






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






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






25. The number you are multipliying by






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






27. The number to be divided by






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






29. Commission fee - inflation rate - capital gains tax






30. Deciding if its worth the risk






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






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






33. A percentage discount to customers






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






35. of one hundred






36. The depreciation of an asset as an expense






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






38. The highest number in a group of data






39. An item of data the stays the same






40. Interest is paid 365 times a year






41. Something that is expected to return a profit






42. Non-payment






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






44. Per day






45. A number calculated from sample data






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






47. A series of discounts






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






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






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