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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. Per annum - yearly






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






3. A portion of the population being studied






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






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






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






7. The number you are dividing by






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






9. Commission fee - inflation rate - capital gains tax






10. you may get a large return or get nothing






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






12. The unexpected variablility of returns






13. The length of time until the debt is zero






14. Interest is paid once a year






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






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






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






18. A bill






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






20. Interest is paid twice a year






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






22. The lowest number in a group of data






23. Interest calculated on the principal plus any accumulated interest






24. Preference and common






25. The money paid to an employee based on a percentage of their sales






26. The depreciation of an asset as an expense






27. Number calculated from population data






28. An item of data the stays the same






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






30. Simple and compound






31. A percentage discount to customers






32. The highest number in a group of data






33. The owner of the property






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






35. Interest is paid 365 times a year






36. Time worked beyond the established working hours






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






38. The score that falls in the middle






39. A comparison of two numbers






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






41. Per day






42. Algebraic - arithmetic






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






44. When two ratios are equal






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






46. Investing in a well-established company






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






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






49. A series of discounts






50. Interest is paid four times a year