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






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






3. The total of units multiplied by the price






4. A percentage discount to customers






5. Time worked beyond the established working hours






6. Per annum - yearly






7. Non-payment






8. Commission fee - inflation rate - capital gains tax






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






10. Deciding if its worth the risk






11. Preference and common






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






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






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






15. Costs that fluctuate






16. The lowest number in a group of data






17. Interest calculated on the principle






18. Interest is paid twice a year






19. A contract giving someone the right to use something for a certain length of time






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






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






22. real estate (houses - condos - warehouses - factories - etc)






23. The number you are multipliying by






24. Costs that remain constant






25. Amounts of money you owe






26. The depreciation of an asset as an expense






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






28. An item of data the stays the same






29. The highest number in a group of data






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






31. Per day






32. Interest calculated on the principal plus any accumulated interest






33. The final figures






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






35. Investing in a well-established company






36. of one hundred






37. Paid dividends after the preference shares have been paid






38. The score that falls in the middle






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






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






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






42. Interest is paid once a year






43. Part ownership in a company






44. A series of discounts






45. The length of time until the debt is zero






46. Share of the profits of a company






47. The length of the loan






48. A bill






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






50. Interest is paid 365 times a year







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