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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. Amounts of money you owe






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






3. Costs that fluctuate






4. Per day






5. Commission fee - inflation rate - capital gains tax






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






7. The score that falls in the middle






8. Algebraic - arithmetic






9. The number to be divided by






10. A series of discounts






11. A loan






12. Paid in full






13. A comparison of two numbers






14. The number you are multipliying by






15. The length of time until the debt is zero






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






17. Interest is paid 365 times a year






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






19. The lender






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






21. Non-payment






22. An item of data the stays the same






23. The price after any down-payment or trade-in






24. A number calculated from sample data






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






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






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






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






29. The total of units multiplied by the price






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






31. Security for a loan






32. The length of the loan






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






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






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






36. Interest is paid four times a year






37. The depreciation of an asset as an expense






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






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






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






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






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






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






44. The owner of the property






45. The process of repossessing and selling the real or personal property when the borrower has defaulted






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






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






48. Simple and compound






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






50. Paid dividends after the preference shares have been paid