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DSST Business Math Vocab 2

  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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. Number calculated from population data

2. When two ratios are equal

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

4. A percentage discount to customers

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

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

7. Per annum - yearly

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

9. The borrower

10. you may get a large return or get nothing

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

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

13. Security for a loan

14. The total of units multiplied by the price

15. Paid dividends after the preference shares have been paid

16. The number you are multipliying by

17. The first number

18. Time worked beyond the established working hours

19. The lowest number in a group of data

20. The highest number in a group of data

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

22. Algebraic - arithmetic

23. Interest is paid twice a year

24. A decimal figure when x by 2400 gives an approximate annual interest rate

25. Interest is paid four times a year

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

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

28. Things you own

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

30. Deciding if its worth the risk

31. The lender

32. The score that falls in the middle

33. of one hundred

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

35. Paid in full

36. A comparison of two numbers

37. The number to be divided by

38. Per day

39. Preference and common

40. A portion of the population being studied

41. Costs that fluctuate

42. The owner of the property

43. The number you are dividing by

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

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

46. The final figures

47. Interest is paid 365 times a year

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

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

50. Parts of a whole number