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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. Preference and common






2. Interest is paid twice a year






3. The lender






4. A number calculated from sample data






5. A series of discounts






6. Algebraic - arithmetic






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






8. Security for a loan






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






10. A percentage discount to customers






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






12. The score that falls in the middle






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






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






15. A loan






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






17. Interest calculated on the principle






18. The number to be divided by






19. Costs that fluctuate






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






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






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






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






24. The final figures






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






26. Interest is paid 365 times a year






27. Number calculated from population data






28. The lowest number in a group of data






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






30. Paid dividends after the preference shares have been paid






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






32. The number you are dividing by






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






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






35. Deciding if its worth the risk






36. Investing in a well-established company






37. A bill






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






39. Non-payment






40. you may get a large return or get nothing






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






42. Time worked beyond the established working hours






43. The borrower






44. The first number






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






46. The number you are multipliying by






47. The total of units multiplied by the price






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






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






50. When two ratios are equal