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






2. Interest is paid twice a year






3. A percentage discount to customers






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






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






6. The number to be divided by






7. Algebraic - arithmetic






8. The lender






9. Security for a loan






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






11. The number you are multipliying by






12. The highest number in a group of data






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






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






15. Paid dividends after the preference shares have been paid






16. Time worked beyond the established working hours






17. Part ownership in a company






18. The depreciation of an asset as an expense






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






20. A comparison of two numbers






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






22. When two ratios are equal






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






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






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






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






27. Something that is expected to return a profit






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






29. A portion of the population being studied






30. you may get a large return or get nothing






31. The process of repossessing and selling the real or personal property when the borrower has defaulted






32. Interest is paid 365 times a year






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






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






35. Interest calculated on the principle






36. Per annum - yearly






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






38. Non-payment






39. The length of the loan






40. Per day






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






42. The owner of the property






43. Preference and common






44. The first number






45. Things you own






46. Simple and compound






47. Costs that fluctuate






48. Interest calculated on the principal plus any accumulated interest






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






50. Share of the profits of a company