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. Part ownership in a company






2. A series of discounts






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






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






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






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






7. When two ratios are equal






8. The first number






9. A loan






10. Investing in a well-established company






11. Deciding if its worth the risk






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






13. Paid in full






14. Interest is paid four times a year






15. A portion of the population being studied






16. Simple and compound






17. Preference and common






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






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






20. A number calculated from sample data






21. The depreciation of an asset as an expense






22. The length of time until the debt is zero






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






24. Non-payment






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






26. of one hundred






27. The score that falls in the middle






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






29. Per day






30. Parts of a whole number






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






32. The unexpected variablility of returns






33. The highest number in a group of data






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






35. An item of data the stays the same






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






37. Amounts of money you owe






38. Paid dividends after the preference shares have been paid






39. Interest calculated on the principle






40. The lender






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






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






43. The number you are dividing by






44. The borrower






45. Time worked beyond the established working hours






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






47. Security for a loan






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






49. The number you are multipliying by






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