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






2. The first number






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






4. Commission fee - inflation rate - capital gains tax






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






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






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






8. Interest is paid four times a year






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






10. The score that falls in the middle






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






12. Share of the profits of a company






13. of one hundred






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






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






16. The borrower






17. Simple and compound






18. Interest is paid once a year






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






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






21. The number to be divided by






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






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






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






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






26. The lowest number in a group of data






27. The unexpected variablility of returns






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






29. Time worked beyond the established working hours






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






31. When two ratios are equal






32. The final figures






33. Interest is paid twice a year






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






35. A bill






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






37. Non-payment






38. The length of the loan






39. Interest calculated on the principal plus any accumulated interest






40. A number calculated from sample data






41. Parts of a whole number






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






43. Interest is paid twelve times a year






44. Deciding if its worth the risk






45. The price after any down-payment or trade-in






46. The length of time until the debt is zero






47. Number calculated from population data






48. Preference and common






49. An item of data the stays the same






50. The depreciation of an asset as an expense