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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. The lender






2. Simple and compound






3. Paid dividends after the preference shares have been paid






4. The lowest number in a group of data






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






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






7. Paid in full






8. The first number






9. of one hundred






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






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






12. Parts of a whole number






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






14. The highest number in a group of data






15. When two ratios are equal






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






17. A comparison of two numbers






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






19. The number you are multipliying by






20. Preference and common






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






22. Deciding if its worth the risk






23. Interest calculated on the principle






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






25. A portion of the population being studied






26. Interest is paid twice a year






27. The final figures






28. The score that falls in the middle






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






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






31. The length of the loan






32. Number calculated from population data






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






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






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






36. Interest is paid twelve times a year






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






38. A series of discounts






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






40. The depreciation of an asset as an expense






41. Costs that remain constant






42. The total of units multiplied by the price






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






44. The owner of the property






45. Per day






46. Costs that fluctuate






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






48. The borrower






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






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