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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. Number calculated from population data






2. A series of discounts






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






4. Interest is paid four times a year






5. Interest is paid twelve times a year






6. Algebraic - arithmetic






7. Paid dividends after the preference shares have been paid






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






9. Things you own






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






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






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






13. Per annum - yearly






14. A loan






15. A bill






16. The depreciation of an asset as an expense






17. The number to be divided by






18. Interest is paid 365 times a year






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






20. A number calculated from sample data






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






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






23. (simple average) adding the group of items and dividing by the total number of items






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






25. The lowest number in a group of data






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






27. Paid in full






28. Interest calculated on the principle






29. Costs that remain constant






30. An item of data the stays the same






31. Interest is paid twice a year






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






33. The borrower






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






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






36. The first number






37. Share of the profits of a company






38. Investing in a well-established company






39. When two ratios are equal






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






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






42. Interest calculated on the principal plus any accumulated interest






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






44. of one hundred






45. A percentage discount to customers






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






47. The lender






48. Something that is expected to return a profit






49. The number you are multipliying by






50. Per day