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. The final figures






2. Paid dividends after the preference shares have been paid






3. Non-payment






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






5. of one hundred






6. Interest is paid twelve times a year






7. More than one frequently occuring value in a group of data






8. Per day






9. Per annum - yearly






10. Preference and common






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






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






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






14. The number you are dividing by






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






16. A series of discounts






17. Interest calculated on the principal plus any accumulated interest






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






19. A loan






20. Time worked beyond the established working hours






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






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






23. Interest is paid once a year






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






25. Paid in full






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






27. The unexpected variablility of returns






28. Interest calculated on the principle






29. A bill






30. Amounts of money you owe






31. The first number






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






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






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






35. Things you own






36. A percentage discount to customers






37. The lender






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






39. The length of the loan






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






41. Deciding if its worth the risk






42. The number to be divided by






43. A comparison of two numbers






44. Property other than real estate (often called a chattel mortgage)






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






46. Share of the profits of a company






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






48. A number calculated from sample data






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






50. The lowest number in a group of data