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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. Share of the profits of a company






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






3. The lender






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






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






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






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






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






9. Costs that remain constant






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






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






12. Costs that fluctuate






13. Time worked beyond the established working hours






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






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






16. Security for a loan






17. The score that falls in the middle






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






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






20. Commission fee - inflation rate - capital gains tax






21. A bill






22. Something that is expected to return a profit






23. Interest calculated on the principle






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






25. Deciding if its worth the risk






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






27. Per annum - yearly






28. Amounts of money you owe






29. The final figures






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






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






32. Per day






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






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






35. Paid in full






36. When two ratios are equal






37. Interest calculated on the principal plus any accumulated interest






38. Number calculated from population data






39. Parts of a whole number






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






41. A comparison of two numbers






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






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






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






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






46. The number to be divided by






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






48. The borrower






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






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