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. The lowest number in a group of data






2. Interest is paid 365 times a year






3. Interest is paid twice a year






4. The unexpected variablility of returns






5. Costs that remain constant






6. Number calculated from population data






7. Something that is expected to return a profit






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






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






10. Interest is paid four times a year






11. A portion of the population being studied






12. Per annum - yearly






13. Security for a loan






14. The score that falls in the middle






15. The number you are multipliying by






16. Costs that fluctuate






17. Non-payment






18. you may get a large return or get nothing






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






20. A comparison of two numbers






21. Interest calculated on the principle






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






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






24. Paid dividends after the preference shares have been paid






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






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






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






28. The number you are dividing by






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






30. Interest is paid once a year






31. The length of time until the debt is zero






32. Interest calculated on the principal plus any accumulated interest






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






34. The process of repossessing and selling the real or personal property when the borrower has defaulted






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






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






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






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






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






40. Amounts of money you owe






41. Interest is paid twelve times a year






42. Things you own






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






44. A loan






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






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






47. The length of the loan






48. of one hundred






49. Investing in a well-established company






50. The owner of the property