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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. Part ownership in a company






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






3. Simple and compound






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






5. Interest is paid once a year






6. Non-payment






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






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






9. Property other than real estate (often called a chattel mortgage)






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






11. Amounts of money you owe






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






13. A portion of the population being studied






14. The number you are multipliying by






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






16. you may get a large return or get nothing






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






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






19. Interest calculated on the principle






20. A bill






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






22. The lowest number in a group of data






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






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






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






26. The unexpected variablility of returns






27. The owner of the property






28. Costs that fluctuate






29. The borrower






30. A number calculated from sample data






31. Time worked beyond the established working hours






32. Interest is paid twelve times a year






33. A loan






34. The number you are dividing by






35. The length of the loan






36. Investing in a well-established company






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






38. Algebraic - arithmetic






39. Something that is expected to return a profit






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






41. The final figures






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






43. The lender






44. Parts of a whole number






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






46. Security for a loan






47. of one hundred






48. Costs that remain constant






49. The depreciation of an asset as an expense






50. The number to be divided by







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Can you answer 50 questions in 15 minutes?


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