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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 length of time until the debt is zero






2. The final figures






3. Costs that fluctuate






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






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






6. Simple and compound






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






8. Preference and common






9. A number calculated from sample data






10. The score that falls in the middle






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






12. A series of discounts






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






14. A loan






15. When two ratios are equal






16. Time worked beyond the established working hours






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






18. The highest number in a group of data






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






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






21. Costs that remain constant






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






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






24. Share of the profits of a company






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






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






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






28. Commission fee - inflation rate - capital gains tax






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






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






31. Amounts of money you owe






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






33. of one hundred






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






35. An item of data the stays the same






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






37. Per annum - yearly






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






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






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






41. Things you own






42. Interest is paid 365 times a year






43. A portion of the population being studied






44. Interest is paid once a year






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






46. Interest is paid twice a year






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






48. A bill






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






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