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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 percentage discount for buyers associated with the products being sold






2. The borrower






3. A number calculated from sample data






4. Deciding if its worth the risk






5. An item of data the stays the same






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






7. Simple and compound






8. The lender






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






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






11. A percentage discount to customers






12. Costs that fluctuate






13. Parts of a whole number






14. The lowest number in a group of data






15. Algebraic - arithmetic






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






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






18. The depreciation of an asset as an expense






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






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






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






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






23. The total of units multiplied by the price






24. The score that falls in the middle






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






26. Interest calculated on the principal plus any accumulated interest






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






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






29. Commission fee - inflation rate - capital gains tax






30. The length of the loan






31. Paid in full






32. Per day






33. The owner of the property






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






35. The unexpected variablility of returns






36. Interest is paid twelve times a year






37. Preference and common






38. The highest number in a group of data






39. The number you are multipliying by






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






41. Interest is paid twice a year






42. Paid dividends after the preference shares have been paid






43. Per annum - yearly






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






45. The length of time until the debt is zero






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






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






48. Interest is paid once a year






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






50. you may get a large return or get nothing