Test your basic knowledge |

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 calculated on the principle






2. Per day






3. The borrower






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






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






6. Things you own






7. A series of discounts






8. Simple and compound






9. A comparison of two numbers






10. Per annum - yearly






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






12. The number you are multipliying by






13. Costs that remain constant






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






15. A number calculated from sample data






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






17. When two ratios are equal






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






19. Non-payment






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






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






22. Commission fee - inflation rate - capital gains tax






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






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






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






26. The number to be divided by






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






28. Time worked beyond the established working hours






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






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






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






32. A portion of the population being studied






33. The length of time until the debt is zero






34. The unexpected variablility of returns






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






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






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






38. An item of data the stays the same






39. The final figures






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






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






42. Paid dividends after the preference shares have been paid






43. Number calculated from population data






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






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






46. A loan






47. Security for a loan






48. The score that falls in the middle






49. A percentage discount to customers






50. Investing in a well-established company