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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. When two ratios are equal






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






3. of one hundred






4. A number calculated from sample data






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






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






7. A series of discounts






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






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






10. Costs that fluctuate






11. Interest is paid twelve times a year






12. The unexpected variablility of returns






13. Time worked beyond the established working hours






14. Interest calculated on the principle






15. you may get a large return or get nothing






16. A loan






17. Share of the profits of a company






18. An item of data the stays the same






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






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






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






22. Something that is expected to return a profit






23. Deciding if its worth the risk






24. The number you are multipliying by






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






26. Amounts of money you owe






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






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






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






30. Interest is paid twice a year






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






32. A portion of the population being studied






33. The length of time until the debt is zero






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






35. A comparison of two numbers






36. The number you are dividing by






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






38. Number calculated from population data






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






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






41. Interest calculated on the principal plus any accumulated interest






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






43. Interest is paid once a year






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






45. Per annum - yearly






46. Interest is paid four times a year






47. Costs that remain constant






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






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






50. Paid in full