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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. Costs that remain constant






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






3. A portion of the population being studied






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






7. The score that falls in the middle






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






9. Interest is paid twice a year






10. Costs that fluctuate






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






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






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






14. Interest calculated on the principle






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






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






17. A number calculated from sample data






18. A percentage discount to customers






19. Parts of a whole number






20. Non-payment






21. When two ratios are equal






22. The borrower






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






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






25. The unexpected variablility of returns






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






27. The lowest number in a group of data






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






29. Interest is paid twelve times a year






30. The depreciation of an asset as an expense






31. Deciding if its worth the risk






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






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






34. Time worked beyond the established working hours






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






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






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






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






39. The highest number in a group of data






40. Paid dividends after the preference shares have been paid






41. A series of discounts






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






43. The number you are multipliying by






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






45. Share of the profits of a company






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






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






48. Interest is paid 365 times a year






49. Interest is paid once a year






50. Amounts of money you owe