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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 complete set of individuals - objects or scores being studied






2. Interest calculated on the principal plus any accumulated interest






3. Amounts of money you owe






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






5. An item of data the stays the same






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






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






8. you may get a large return or get nothing






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






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






11. Per day






12. Interest is paid twice a year






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






14. Time worked beyond the established working hours






15. Something that is expected to return a profit






16. The first number






17. of one hundred






18. A comparison of two numbers






19. Parts of a whole number






20. A portion of the population being studied






21. Non-payment






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






23. Paid dividends after the preference shares have been paid






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






25. The depreciation of an asset as an expense






26. A loan






27. Interest is paid 365 times a year






28. The total of units multiplied by the price






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






30. Interest is paid twelve times a year






31. Interest is paid once a year






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






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






34. A series of discounts






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






36. The lender






37. A bill






38. Security for a loan






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






40. The highest number in a group of data






41. The owner of the property






42. The lowest number in a group of data






43. The final figures






44. Deciding if its worth the risk






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






46. The number you are multipliying by






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






48. Per annum - yearly






49. When two ratios are equal






50. Things you own