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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. Algebraic - arithmetic






2. Security for a loan






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






4. Things you own






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






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






7. Preference and common






8. The majority of the early payments go toward paying the interest on the loan






9. Parts of a whole number






10. Non-payment






11. A comparison of two numbers






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






13. Interest is paid 365 times a year






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






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






16. The first number






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






18. Investing in a well-established company






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






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






21. The length of time until the debt is zero






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






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






24. Deciding if its worth the risk






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






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






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






28. Number calculated from population data






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






30. The lowest number in a group of data






31. A bill






32. The final figures






33. The unexpected variablility of returns






34. Paid in full






35. Interest is paid four times a year






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






37. of one hundred






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






39. Interest is paid twelve times a year






40. The number to be divided by






41. The borrower






42. Commission fee - inflation rate - capital gains tax






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






44. Amounts of money you owe






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






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






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






48. The owner of the property






49. The number you are dividing by






50. Costs that remain constant







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Can you answer 50 questions in 15 minutes?


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