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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. Parts of a whole number






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






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






4. Non-payment






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






6. Per day






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






8. The final figures






9. The score that falls in the middle






10. When two ratios are equal






11. Things you own






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






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






14. used when the each piece of data has more than one component






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






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






17. Deciding if its worth the risk






18. Paid in full






19. A comparison of two numbers






20. The number you are dividing by






21. Interest is paid twelve times a year






22. Costs that fluctuate






23. you may get a large return or get nothing






24. The depreciation of an asset as an expense






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






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






27. Amounts of money you owe






28. The length of time until the debt is zero






29. Time worked beyond the established working hours






30. Costs that remain constant






31. Something that is expected to return a profit






32. A number calculated from sample data






33. Interest calculated on the principal plus any accumulated interest






34. A loan






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






36. Interest is paid four times a year






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






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






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






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






41. A bill






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






43. The unexpected variablility of returns






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






45. The owner of the property






46. Share of the profits of a company






47. Simple and compound






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






49. Interest calculated on the principle






50. The total of units multiplied by the price