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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. The total of units multiplied by the price






2. Paid dividends after the preference shares have been paid






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






4. Something that is expected to return a profit






5. The borrower






6. The unexpected variablility of returns






7. Amounts of money you owe






8. Interest is paid 365 times a year






9. The depreciation of an asset as an expense






10. Simple and compound






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






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






13. Interest is paid twice a year






14. The final figures






15. The length of time until the debt is zero






16. Per day






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






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






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






20. A number calculated from sample data






21. Interest calculated on the principle






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






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






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






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






26. Costs that remain constant






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






28. The first number






29. When two ratios are equal






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






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






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






33. The number you are multipliying by






34. A portion of the population being studied






35. A series of discounts






36. A percentage discount to customers






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






38. The number you are dividing by






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






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






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






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






43. Part ownership in a company






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






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






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






47. The lowest number in a group of data






48. Things you own






49. A comparison of two numbers






50. Commission fee - inflation rate - capital gains tax