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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. When two ratios are equal






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






4. A percentage discount to customers






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






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






7. Per annum - yearly






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






9. The borrower






10. you may get a large return or get nothing






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






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






13. Security for a loan






14. The total of units multiplied by the price






15. Paid dividends after the preference shares have been paid






16. The number you are multipliying by






17. The first number






18. Time worked beyond the established working hours






19. The lowest number in a group of data






20. The highest number in a group of data






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






22. Algebraic - arithmetic






23. Interest is paid twice a year






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






25. Interest is paid four times a year






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






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






28. Things you own






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






30. Deciding if its worth the risk






31. The lender






32. The score that falls in the middle






33. of one hundred






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






35. Paid in full






36. A comparison of two numbers






37. The number to be divided by






38. Per day






39. Preference and common






40. A portion of the population being studied






41. Costs that fluctuate






42. The owner of the property






43. The number you are dividing by






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






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






46. The final figures






47. Interest is paid 365 times a year






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






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






50. Parts of a whole number