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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. Where info is collected for every unit of the population






3. Simple and compound






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






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






6. Parts of a whole number






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






8. Interest calculated on the principal plus any accumulated interest






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






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






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






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






13. A percentage discount to customers






14. A bill






15. A number calculated from sample data






16. Things you own






17. Investing in a well-established company






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






19. A comparison of two numbers






20. Deciding if its worth the risk






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






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






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






24. The length of time until the debt is zero






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






26. Time worked beyond the established working hours






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






28. Paid dividends after the preference shares have been paid






29. The highest number in a group of data






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






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






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






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






34. The lowest number in a group of data






35. When two ratios are equal






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






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






38. Commission fee - inflation rate - capital gains tax






39. Amounts of money you owe






40. Costs that remain constant






41. of one hundred






42. Share of the profits of a company






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






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






45. Interest is paid once a year






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






47. Part ownership in a company






48. Costs that fluctuate






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






50. The final figures







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Can you answer 50 questions in 15 minutes?


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