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






2. Costs that remain constant






3. An item of data the stays the same






4. The borrower






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






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






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






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






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






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






11. A number calculated from sample data






12. The highest number in a group of data






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






14. The length of the loan






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






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






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






18. The lender






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






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






21. Paid dividends after the preference shares have been paid






22. The depreciation of an asset as an expense






23. Interest calculated on the principal plus any accumulated interest






24. Things you own






25. Investing in a well-established company






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






27. The amount the property is worth at the end of the lease






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






29. Where info is collected for every unit of the population






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






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






32. Part ownership in a company






33. Simple and compound






34. A loan






35. Number calculated from population data






36. An item of data that has a different value at different times






37. When two ratios are equal






38. Interest is paid once a year






39. Deciding if its worth the risk






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






41. The lowest number in a group of data






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






43. The owner of the property






44. you may get a large return or get nothing






45. Per annum - yearly






46. A portion of the population being studied






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






48. of one hundred






49. The score that falls in the middle






50. A bill