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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. Something that is expected to return a profit






2. The highest number in a group of data






3. Part ownership in a company






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






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






6. A series of discounts






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






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






9. The number you are dividing by






10. Interest is paid twice a year






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






12. Per annum - yearly






13. The depreciation of an asset as an expense






14. The number you are multipliying by






15. The final figures






16. Simple and compound






17. The borrower






18. of one hundred






19. Amounts of money you owe






20. An item of data the stays the same






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






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






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






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






25. The total of units multiplied by the price






26. The unexpected variablility of returns






27. A percentage discount to customers






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






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






30. Paid dividends after the preference shares have been paid






31. The score that falls in the middle






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






33. A portion of the population being studied






34. Share of the profits of a company






35. Number calculated from population data






36. Per day






37. Deciding if its worth the risk






38. A number calculated from sample data






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






40. Interest is paid four times a year






41. Costs that fluctuate






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






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






44. Interest is paid once a year






45. Interest is paid 365 times a year






46. The lender






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






48. Algebraic - arithmetic






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






50. Interest calculated on the principal plus any accumulated interest