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






2. you may get a large return or get nothing






3. The number you are multipliying by






4. Costs that remain constant






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






6. The first number






7. Interest is paid four times a year






8. The lowest number in a group of data






9. The depreciation of an asset as an expense






10. The total of units multiplied by the price






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






12. Non-payment






13. The unexpected variablility of returns






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






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






16. Things you own






17. Preference and common






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






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






20. The lender






21. Part ownership in a company






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






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






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






25. A comparison of two numbers






26. Parts of a whole number






27. Deciding if its worth the risk






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






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






30. Security for a loan






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






32. Something that is expected to return a profit






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






34. The length of the loan






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






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






37. Simple and compound






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






39. A portion of the population being studied






40. Investing in a well-established company






41. A loan






42. When two ratios are equal






43. Costs that fluctuate






44. of one hundred






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






46. Interest calculated on the principal plus any accumulated interest






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






48. The final figures






49. Interest calculated on the principle






50. Paid in full






Can you answer 50 questions in 15 minutes?



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