Test your basic knowledge |

DSST Business Math Vocab 2

  • 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 amount the property is worth at the end of the lease

2. Security for a loan

3. Paid in full

4. The unexpected variablility of returns

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

6. Amounts of money you owe

7. Paid dividends after the preference shares have been paid

8. Interest calculated on the principal plus any accumulated interest

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

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

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

12. A series of discounts

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

14. Parts of a whole number

15. A percentage discount to customers

16. Non-payment

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

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

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

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

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

22. Things you own

23. Shows the money coming in and expenses for a certain period of time.

24. of one hundred

25. The final figures

26. Investing in a well-established company

27. Per annum - yearly

28. Per day

29. The depreciation of an asset as an expense

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

31. Interest calculated on the principle

32. The lender

33. Interest is paid twice a year

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

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

36. The lowest number in a group of data

37. The length of the loan

38. Preference and common

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

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

41. Number calculated from population data

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

43. you may get a large return or get nothing

44. Something that is expected to return a profit

45. The owner of the property

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

47. A comparison of two numbers

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

49. Algebraic - arithmetic

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