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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. of one hundred






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






3. The highest number in a group of data






4. A comparison of two numbers






5. Interest is paid 365 times a year






6. Money given to someone on condition the person will return the money and interest by a specific date






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






8. you may get a large return or get nothing






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






10. The unexpected variablility of returns






11. The total of units multiplied by the price






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






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






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






15. Parts of a whole number






16. Costs that fluctuate






17. Discounts offered to encourage customers to pay their bills on time






18. Preference and common






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






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






21. The borrower






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






23. Paid dividends after the preference shares have been paid






24. The final figures






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






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






27. A number calculated from sample data






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






29. Per annum - yearly






30. The length of time until the debt is zero






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






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






33. Interest is paid twelve times a year






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






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






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






37. A bill






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






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






40. Deciding if its worth the risk






41. A percentage discount to customers






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






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






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






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






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






47. A series of discounts






48. Costs that remain constant






49. Interest is paid once a year






50. The depreciation of an asset as an expense