## Test your basic knowledge |

# 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 complete set of individuals - objects or scores being studied**

**2. The borrower**

**3. Amounts of money you owe**

**4. The number you are dividing by**

**5. The price after any down-payment or trade-in**

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

**7. The amount the property is worth at the end of the lease**

**8. Paid in full**

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

**10. An item of data the stays the same**

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

**12. The owner of the property**

**13. A percentage discount to customers**

**14. Interest is paid once a year**

**15. The number to be divided by**

**16. Part ownership in a company**

**17. Paid dividends after the preference shares have been paid**

**18. Simple and compound**

**19. A portion of the population being studied**

**20. Preference and common**

**21. Share of the profits of a company**

**22. Things you own**

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

**24. Security for a loan**

**25. Investing in a well-established company**

**26. of one hundred**

**27. Discounts offered to encourage customers to pay their bills on time**

**28. Interest is paid four times a year**

**29. A number calculated from sample data**

**30. Number calculated from population data**

**31. The highest number in a group of data**

**32. A series of discounts**

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

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

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

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

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

**38. The final figures**

**39. Per day**

**40. A comparison of two numbers**

**41. Interest calculated on the principle**

**42. The depreciation of an asset as an expense**

**43. The score that falls in the middle**

**44. Where info is collected for every unit of the population**

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

**46. A bill**

**47. The lender**

**48. The total of units multiplied by the price**

**49. Algebraic - arithmetic**

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