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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. Interest calculated on the principle






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






3. The score that falls in the middle






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






5. The number you are multipliying by






6. Algebraic - arithmetic






7. Investing in a well-established company






8. The depreciation of an asset as an expense






9. The unexpected variablility of returns






10. Interest is paid once a year






11. The lowest number in a group of data






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






13. Interest is paid twice a year






14. The first number






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






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






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






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






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






20. Commission fee - inflation rate - capital gains tax






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






22. The total of units multiplied by the price






23. Security for a loan






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






25. Something that is expected to return a profit






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






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






28. you may get a large return or get nothing






29. Amounts of money you owe






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






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






32. The number you are dividing by






33. A bill






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






35. Interest is paid four times a year






36. Per day






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






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






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






40. The lender






41. Part ownership in a company






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






43. A percentage discount to customers






44. Costs that remain constant






45. Paid in full






46. Number calculated from population data






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






48. Preference and common






49. A number calculated from sample data






50. A loan