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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 unexpected variablility of returns






2. Interest is paid 365 times a year






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






4. Costs that remain constant






5. Per day






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






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






8. Preference and common






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






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






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






12. The total of units multiplied by the price






13. Non-payment






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






15. Per annum - yearly






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






17. Interest is paid twice a year






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






19. Things you own






20. A number calculated from sample data






21. Number calculated from population data






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






23. The depreciation of an asset as an expense






24. Interest is paid four times a year






25. Security for a loan






26. Amounts of money you owe






27. A comparison of two numbers






28. Interest calculated on the principle






29. When two ratios are equal






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






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






32. The length of the loan






33. Something that is expected to return a profit






34. The highest number in a group of data






35. Investing in a well-established company






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






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






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






39. A percentage discount to customers






40. The lowest number in a group of data






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






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






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






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






45. Paid in full






46. The length of time until the debt is zero






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






48. The number to be divided by






49. Algebraic - arithmetic






50. Part ownership in a company