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






2. The unexpected variablility of returns






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






4. Paid in full






5. A comparison of two numbers






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






7. Share of the profits of a company






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






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






10. Interest calculated on the principle






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






12. Parts of a whole number






13. The highest number in a group of data






14. A loan






15. The owner of the property






16. The lowest number in a group of data






17. The first number






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






19. Something that is expected to return a profit






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






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






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






23. Per day






24. The depreciation of an asset as an expense






25. Interest is paid twice a year






26. Security for a loan






27. Amounts of money you owe






28. When two ratios are equal






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






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






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






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






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






34. The final figures






35. Time worked beyond the established working hours






36. Non-payment






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






38. The length of time until the debt is zero






39. Interest is paid twelve times a year






40. A series of discounts






41. Interest is paid four times a year






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






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






44. Algebraic - arithmetic






45. Part ownership in a company






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






47. Per annum - yearly






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






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






50. Costs that remain constant