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. Costs that remain constant






2. Commission fee - inflation rate - capital gains tax






3. Paid dividends after the preference shares have been paid






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






5. The score that falls in the middle






6. The owner of the property






7. Interest calculated on the principal plus any accumulated interest






8. The first number






9. Interest is paid twice a year






10. The number to be divided by






11. Number calculated from population data






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






13. Interest is paid once a year






14. Something that is expected to return a profit






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






16. Per day






17. Non-payment






18. A number calculated from sample data






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






20. A portion of the population being studied






21. of one hundred






22. Per annum - yearly






23. Parts of a whole number






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






25. Time worked beyond the established working hours






26. The length of time until the debt is zero






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






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






29. Interest calculated on the principle






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






31. A percentage discount to customers






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






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






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






35. Interest is paid 365 times a year






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






37. Investing in a well-established company






38. Deciding if its worth the risk






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






40. Security for a loan






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






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






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






44. The highest number in a group of data






45. Things you own






46. The length of the loan






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






48. Costs that fluctuate






49. The borrower






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