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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. Investing in a well-established company






2. A percentage discount to customers






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






4. Per annum - yearly






5. Amounts of money you owe






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






7. Number calculated from population data






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






9. The number you are dividing by






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






11. The highest number in a group of data






12. Interest calculated on the principal plus any accumulated interest






13. Interest is paid 365 times a year






14. The depreciation of an asset as an expense






15. A number calculated from sample data






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






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






18. The unexpected variablility of returns






19. Deciding if its worth the risk






20. Interest calculated on the principle






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






22. A bill






23. Security for a loan






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






25. Preference and common






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






27. Paid dividends after the preference shares have been paid






28. Commission fee - inflation rate - capital gains tax






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






30. The score that falls in the middle






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






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






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






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






35. Part ownership in a company






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






37. Non-payment






38. The owner of the property






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






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






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






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






43. Interest is paid twice a year






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






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






46. When two ratios are equal






47. Interest is paid once a year






48. A portion of the population being studied






49. Costs that remain constant






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







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