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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. Costs that fluctuate






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






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






4. Paid in full






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






6. Amounts of money you owe






7. Share of the profits of a company






8. Interest calculated on the principle






9. Per day






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






11. The highest number in a group of data






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






13. A portion of the population being studied






14. An item of data the stays the same






15. The lowest number in a group of data






16. The number you are multipliying by






17. The number you are dividing by






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






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






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






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






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






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






24. The length of the loan






25. A number calculated from sample data






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






27. Investing in a well-established company






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






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






30. A loan






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






32. The length of time until the debt is zero






33. Something that is expected to return a profit






34. Interest is paid twelve times a year






35. The final figures






36. The score that falls in the middle






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






38. Commission fee - inflation rate - capital gains tax






39. The unexpected variablility of returns






40. A percentage discount to customers






41. Interest is paid twice a year






42. A bill






43. The depreciation of an asset as an expense






44. When two ratios are equal






45. Costs that remain constant






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






47. Time worked beyond the established working hours






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






49. Paid dividends after the preference shares have been paid






50. Parts of a whole number







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Can you answer 50 questions in 15 minutes?


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