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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 loan






2. Preference and common






3. The final figures






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






5. Paid dividends after the preference shares have been paid






6. The number to be divided by






7. The length of the loan






8. Commission fee - inflation rate - capital gains tax






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






10. A portion of the population being studied






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






12. When two ratios are equal






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






14. The lender






15. Interest is paid twice a year






16. Costs that remain constant






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






18. Costs that fluctuate






19. A comparison of two numbers






20. Parts of a whole number






21. Algebraic - arithmetic






22. The depreciation of an asset as an expense






23. The first number






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






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






26. A series of discounts






27. A bill






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






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






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






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






32. Security for a loan






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






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






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






36. The borrower






37. A number calculated from sample data






38. Number calculated from population data






39. The highest number in a group of data






40. Interest calculated on the principal plus any accumulated interest






41. Interest is paid twelve times a year






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






43. The score that falls in the middle






44. The total of units multiplied by the price






45. Interest calculated on the principle






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






47. Something that is expected to return a profit






48. The unexpected variablility of returns






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






50. The owner of the property