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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 owner of the property






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






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






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






5. Amounts of money you owe






6. The number you are multipliying by






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






8. Deciding if its worth the risk






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






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






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






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






13. of one hundred






14. An item of data the stays the same






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






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






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






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






19. The score that falls in the middle






20. A portion of the population being studied






21. Things you own






22. Part ownership in a company






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






24. The number you are dividing by






25. A percentage discount to customers






26. The length of time until the debt is zero






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






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






29. A number calculated from sample data






30. Time worked beyond the established working hours






31. The number to be divided by






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






33. Security for a loan






34. Per annum - yearly






35. Something that is expected to return a profit






36. Investing in a well-established company






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






38. The highest number in a group of data






39. A comparison of two numbers






40. Per day






41. A loan






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






43. Interest calculated on the principle






44. Interest is paid four times a year






45. Interest is paid twice a year






46. The amount of money borrowed is less than 75% of the purchase price






47. Parts of a whole number






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






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






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