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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. A portion of the population being studied






2. Interest is paid twelve times a year






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






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






5. A number calculated from sample data






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






7. Things you own






8. Adding columns of figures horizontally and vertically to check that the totals agree






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






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






11. you may get a large return or get nothing






12. The depreciation of an asset as an expense






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






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






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






16. An item of data the stays the same






17. Interest calculated on the principal plus any accumulated interest






18. Commission fee - inflation rate - capital gains tax






19. A comparison of two numbers






20. Part ownership in a company






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






22. Investing in a well-established company






23. of one hundred






24. The length of time until the debt is zero






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






26. Amounts of money you owe






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






28. Per annum - yearly






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






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






31. The first number






32. The amount of money borrowed is between 75% - 95% of the purchase price






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






34. Non-payment






35. When two ratios are equal






36. The borrower






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






38. The number to be divided by






39. The score that falls in the middle






40. Time worked beyond the established working hours






41. Costs that fluctuate






42. Costs that remain constant






43. Paid dividends after the preference shares have been paid






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






45. Simple and compound






46. The number you are multipliying by






47. Interest is paid once a year






48. Share of the profits of a company






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






50. Something that is expected to return a profit