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






2. The length of the loan






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






4. of one hundred






5. The final figures






6. The highest number in a group of data






7. Interest calculated on the principle






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






9. Preference and common






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






11. Costs that fluctuate






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






13. Security for a loan






14. The length of time until the debt is zero






15. Non-payment






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






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






18. The borrower






19. Things you own






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






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






22. you may get a large return or get nothing






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






24. Interest is paid four times a year






25. A comparison of two numbers






26. A series of discounts






27. Interest is paid 365 times a year






28. Simple and compound






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






30. A bill






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






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






33. A percentage discount to customers






34. Number calculated from population data






35. Parts of a whole number






36. The depreciation of an asset as an expense






37. Commission fee - inflation rate - capital gains tax






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






39. Algebraic - arithmetic






40. Per day






41. A number calculated from sample data






42. Something that is expected to return a profit






43. Per annum - yearly






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






45. Share of the profits of a company






46. The majority of the early payments go toward paying the interest on the loan






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






48. The number you are multipliying by






49. Amounts of money you owe






50. The owner of the property