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






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






3. A loan






4. The lender






5. The highest number in a group of data






6. The score that falls in the middle






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






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






9. Interest is paid four times a year






10. Share of the profits of a company






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






12. of one hundred






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






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






15. Interest calculated on the principle






16. Deciding if its worth the risk






17. Per annum - yearly






18. Interest is paid once a year






19. The lowest number in a group of data






20. Things you own






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






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






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






24. Security for a loan






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






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






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






28. Investing in a well-established company






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






30. Interest is paid twelve times a year






31. Part ownership in a company






32. The number to be divided by






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






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






35. The final figures






36. A series of discounts






37. Number calculated from population data






38. you may get a large return or get nothing






39. When two ratios are equal






40. Costs that remain constant






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






42. A percentage discount to customers






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






44. The number you are dividing by






45. Algebraic - arithmetic






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






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






48. Paid dividends after the preference shares have been paid






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






50. The unexpected variablility of returns