Test your basic knowledge |

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






2. The score that falls in the middle






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






4. Interest is paid four times a year






5. A portion of the population being studied






6. of one hundred






7. Algebraic - arithmetic






8. When two ratios are equal






9. Part ownership in a company






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






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






12. Simple and compound






13. A series of discounts






14. Paid in full






15. Paid dividends after the preference shares have been paid






16. A number calculated from sample data






17. An item of data the stays the same






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






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






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






21. The unexpected variablility of returns






22. The highest number in a group of data






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






24. Number calculated from population data






25. you may get a large return or get nothing






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






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






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






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






30. The owner of the property






31. Per day






32. Costs that remain constant






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






34. Interest is paid 365 times a year






35. The length of the loan






36. Commission fee - inflation rate - capital gains tax






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






38. Non-payment






39. Per annum - yearly






40. Share of the profits of a company






41. Deciding if its worth the risk






42. Parts of a whole number






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






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






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






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






47. Costs that fluctuate






48. Security for a loan






49. Preference and common






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