## Test your basic knowledge |

# 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. 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**