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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. Preference and common






2. Number calculated from population data






3. Something that is expected to return a profit






4. An item of data the stays the same






5. Interest is paid twice a year






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






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






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






9. Interest is paid once a year






10. Interest is paid four times a year






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






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






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






14. Part ownership in a company






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






16. The number you are dividing by






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






18. Non-payment






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






20. The number to be divided by






21. Things you own






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






23. Simple and compound






24. Paid in full






25. Security for a loan






26. Parts of a whole number






27. Costs that remain constant






28. A number calculated from sample data






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






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






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






32. The first number






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






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






35. Costs that fluctuate






36. A comparison of two numbers






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






38. The lowest number in a group of data






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






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






41. Interest is paid twelve times a year






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






43. Interest is paid 365 times a year






44. A series of discounts






45. Commission fee - inflation rate - capital gains tax






46. The total of units multiplied by the price






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






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






49. Investing in a well-established company






50. A percentage discount to customers