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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 length of time until the debt is zero






2. A percentage discount to customers






3. The final figures






4. The number you are multipliying by






5. A bill






6. Time worked beyond the established working hours






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






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






9. A number calculated from sample data






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






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






12. The total of units multiplied by the price






13. of one hundred






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






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






16. Paid dividends after the preference shares have been paid






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






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






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






20. The number to be divided by






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






22. Per day






23. Part ownership in a company






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






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






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






27. Share of the profits of a company






28. The unexpected variablility of returns






29. Investing in a well-established company






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






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






32. A loan






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






34. When two ratios are equal






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






36. Interest is paid twelve times a year






37. The length of the loan






38. you may get a large return or get nothing






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






40. Costs that fluctuate






41. Interest is paid twice a year






42. Preference and common






43. Simple and compound






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






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






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






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






48. Security for a loan






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






50. Costs that remain constant