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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 first number






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






3. The number you are multipliying by






4. Non-payment






5. Time worked beyond the established working hours






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






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






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






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






10. The number to be divided by






11. A loan






12. Costs that fluctuate






13. Interest is paid twelve times a year






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






15. The depreciation of an asset as an expense






16. Interest calculated on the principal plus any accumulated interest






17. Amounts of money you owe






18. The lender






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






20. A percentage discount to customers






21. The owner of the property






22. Security for a loan






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






24. Something that is expected to return a profit






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






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






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






28. The total of units multiplied by the price






29. The final figures






30. An item of data the stays the same






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






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






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






34. Deciding if its worth the risk






35. Paid dividends after the preference shares have been paid






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






37. The length of the loan






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






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






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






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






42. Interest is paid once a year






43. Preference and common






44. Things you own






45. Per day






46. The lowest number in a group of data






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






48. The length of time until the debt is zero






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






50. The borrower