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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. The borrower






2. Money earned on an investment or paid on a loan






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






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






5. Something that is expected to return a profit






6. you may get a large return or get nothing






7. When two ratios are equal






8. The lender






9. The owner of the property






10. The length of the loan






11. Time worked beyond the established working hours






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






13. Interest is paid once a year






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






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






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






17. Parts of a whole number






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






19. Amounts of money you owe






20. The depreciation of an asset as an expense






21. Interest is paid 365 times a year






22. Deciding if its worth the risk






23. Security for a loan






24. A bill






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






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






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






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






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






30. The lowest number in a group of data






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






32. The length of time until the debt is zero






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






34. A number calculated from sample data






35. Interest is paid twelve times a year






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






37. Costs that fluctuate






38. Interest calculated on the principle






39. The highest number in a group of data






40. The number you are multipliying by






41. A portion of the population being studied






42. A series of discounts






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






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






45. A percentage discount to customers






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






47. The number you are dividing by






48. Paid in full






49. Part ownership in a company






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