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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. Something that is expected to return a profit






2. The unexpected variablility of returns






3. The depreciation of an asset as an expense






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






5. Interest is paid twice a year






6. Amounts of money you owe






7. Share of the profits of a company






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






9. Paid in full






10. The highest number in a group of data






11. Per annum - yearly






12. The score that falls in the middle






13. The owner of the property






14. The final figures






15. The number you are multipliying by






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






17. Simple and compound






18. Interest is paid 365 times a year






19. Number calculated from population data






20. Investing in a well-established company






21. The length of the loan






22. A loan






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






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






25. Things you own






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






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






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






29. The lowest number in a group of data






30. The borrower






31. A percentage discount to customers






32. Deciding if its worth the risk






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






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






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






36. When two ratios are equal






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






38. Commission fee - inflation rate - capital gains tax






39. The first number






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






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






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






43. Time worked beyond the established working hours






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






45. Parts of a whole number






46. Costs that fluctuate






47. Paid dividends after the preference shares have been paid






48. of one hundred






49. A series of discounts






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