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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. Algebraic - arithmetic






2. An item of data the stays the same






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






4. Paid in full






5. A loan






6. When two ratios are equal






7. The lender






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






9. The first number






10. Security for a loan






11. Interest is paid twice a year






12. A series of discounts






13. The score that falls in the middle






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






15. Parts of a whole number






16. Interest is paid once a year






17. The total of units multiplied by the price






18. Interest is paid four times a year






19. Paid dividends after the preference shares have been paid






20. Share of the profits of a company






21. A comparison of two numbers






22. Per day






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






24. Preference and common






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






26. The length of the loan






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






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






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






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






31. The unexpected variablility of returns






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






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






34. A percentage discount to customers






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






36. Things you own






37. Commission fee - inflation rate - capital gains tax






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






39. A bill






40. A portion of the population being studied






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






42. Costs that remain constant






43. The borrower






44. Interest is paid twelve times a year






45. of one hundred






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






47. The length of time until the debt is zero






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






49. The number to be divided by






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