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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. A portion of the population being studied






2. A percentage discount to customers






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






4. A loan






5. Number calculated from population data






6. The highest number in a group of data






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






8. The score that falls in the middle






9. Investing in a well-established company






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






11. Simple and compound






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






13. The lender






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






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






16. Share of the profits of a company






17. Non-payment






18. Interest calculated on the principle






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






20. Amounts of money you owe






21. A bill






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






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






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






25. The owner of the property






26. Costs that remain constant






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






28. Interest is paid four times a year






29. A series of discounts






30. The number you are multipliying by






31. The length of the loan






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






33. The unexpected variablility of returns






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






35. Interest is paid once a year






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






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






38. The number you are dividing by






39. Time worked beyond the established working hours






40. Per day






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






42. Part ownership in a company






43. A comparison of two numbers






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






45. Shows the assets - liabilities and financial position of the company






46. The lowest number in a group of data






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






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






49. Interest is paid 365 times a year






50. Interest is paid twelve times a year