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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. Algebraic - arithmetic






2. The depreciation of an asset as an expense






3. Part ownership in a company






4. A bill






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






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






7. Share of the profits of a company






8. of one hundred






9. A portion of the population being studied






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






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






12. Security for a loan






13. The lender






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






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






16. Parts of a whole number






17. The borrower






18. Time worked beyond the established working hours






19. you may get a large return or get nothing






20. A series of discounts






21. The unexpected variablility of returns






22. Interest is paid twice a year






23. The person paying to borrow property for a certain amount of time for payments






24. The first number






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






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






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






28. Number calculated from population data






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






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






31. Things you own






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






33. A comparison of two numbers






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






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






36. The length of time until the debt is zero






37. Per annum - yearly






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






39. A percentage discount to customers






40. Deciding if its worth the risk






41. The length of the loan






42. Interest calculated on the principle






43. The number you are multipliying by






44. Paid dividends after the preference shares have been paid






45. An item of data the stays the same






46. Costs that fluctuate






47. The number you are dividing by






48. A number calculated from sample data






49. Paid in full






50. Interest is paid twelve times a year