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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. Interest is paid once a year






2. Algebraic - arithmetic






3. Number calculated from population data






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






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






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






7. The total of units multiplied by the price






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






9. A number calculated from sample data






10. Interest is paid twice a year






11. The depreciation of an asset as an expense






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






13. Interest calculated on the principal plus any accumulated interest






14. A percentage discount to customers






15. The first number






16. Amounts of money you owe






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






18. The price after any down-payment or trade-in






19. Preference and common






20. Parts of a whole number






21. Time worked beyond the established working hours






22. Investing in a well-established company






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






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






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






26. Deciding if its worth the risk






27. The score that falls in the middle






28. A series of discounts






29. The owner of the property






30. The highest number in a group of data






31. Paid dividends after the preference shares have been paid






32. The final figures






33. A comparison of two numbers






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






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






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






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






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






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






40. Security for a loan






41. Per annum - yearly






42. Interest calculated on the principle






43. The unexpected variablility of returns






44. Interest is paid four times a year






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






46. Paid in full






47. An item of data the stays the same






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






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






50. The borrower






Can you answer 50 questions in 15 minutes?



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