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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. Per day






2. The depreciation of an asset as an expense






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






4. The borrower






5. Simple and compound






6. A portion of the population being studied






7. you may get a large return or get nothing






8. Interest is paid twelve times a year






9. Parts of a whole number






10. The unexpected variablility of returns






11. The lowest number in a group of data






12. Interest is paid 365 times a year






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






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






15. The total of units multiplied by the price






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






17. A bill






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






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






20. Interest is paid once a year






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






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






23. A comparison of two numbers






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






25. The length of the loan






26. The first number






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






28. The length of time until the debt is zero






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






30. Preference and common






31. Per annum - yearly






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






33. When two ratios are equal






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






35. Security for a loan






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






37. Share of the profits of a company






38. The highest number in a group of data






39. The final figures






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






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






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






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






44. The number you are dividing by






45. Things you own






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






47. Algebraic - arithmetic






48. Paid dividends after the preference shares have been paid






49. Deciding if its worth the risk






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







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