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






2. Part ownership in a company






3. The score that falls in the middle






4. Time worked beyond the established working hours






5. Things you own






6. The length of time until the debt is zero






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






8. A bill






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






10. Interest is paid twice a year






11. Indicators of the confidence investors have in a company (the higher the better)






12. A series of discounts






13. The lender






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






15. Costs that fluctuate






16. Deciding if its worth the risk






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






18. An item of data the stays the same






19. Preference and common






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






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






22. The total of units multiplied by the price






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






24. Paid dividends after the preference shares have been paid






25. The length of the loan






26. Interest is paid once a year






27. Interest is paid 365 times a year






28. A loan






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






30. Commission fee - inflation rate - capital gains tax






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






32. A number calculated from sample data






33. Paid in full






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






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






36. The first number






37. Per day






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






39. A rate that one currency can be exchanged for another






40. Parts of a whole number






41. Security for a loan






42. The borrower






43. The number to be divided by






44. The depreciation of an asset as an expense






45. of one hundred






46. Algebraic - arithmetic






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






48. The majority of the early payments go toward paying the interest on the loan






49. Per annum - yearly






50. Interest is paid twelve times a year