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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 lender






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






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






4. Per annum - yearly






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






6. The number you are dividing by






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






8. When two ratios are equal






9. Interest is paid four times a year






10. Amounts of money you owe






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






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






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






14. of one hundred






15. A comparison of two numbers






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






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






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






19. The length of time until the debt is zero






20. Costs that fluctuate






21. The length of the loan






22. Interest calculated on the principle






23. Things you own






24. Commission fee - inflation rate - capital gains tax






25. Paid dividends after the preference shares have been paid






26. The total of units multiplied by the price






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






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






29. Preference and common






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






31. Share of the profits of a company






32. A number calculated from sample data






33. Something that is expected to return a profit






34. Interest calculated on the principal plus any accumulated interest






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






36. Parts of a whole number






37. A portion of the population being studied






38. Algebraic - arithmetic






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






40. The first number






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






42. Security for a loan






43. Investing in a well-established company






44. The number to be divided by






45. A percentage discount to customers






46. The owner of the property






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






48. A loan






49. Paid in full






50. Part ownership in a company