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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. Non-payment






2. Deciding if its worth the risk






3. Interest is paid 365 times a year






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






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






6. Interest calculated on the principle






7. Paid in full






8. Commission fee - inflation rate - capital gains tax






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






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






11. Paid dividends after the preference shares have been paid






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






13. Parts of a whole number






14. Number calculated from population data






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






16. Interest is paid once a year






17. The highest number in a group of data






18. The unexpected variablility of returns






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






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






21. Per day






22. The length of the loan






23. Interest is paid twice a year






24. The first number






25. The person paying to borrow property for a certain amount of time for payments






26. Costs that remain constant






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






28. The number you are dividing by






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






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






31. A number calculated from sample data






32. Amounts of money you owe






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






34. Algebraic - arithmetic






35. A loan






36. Where info is collected for every unit of the population






37. Interest calculated on the principal plus any accumulated interest






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






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






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






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






42. The depreciation of an asset as an expense






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






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






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






46. The score that falls in the middle






47. Preference and common






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






49. A comparison of two numbers






50. A percentage discount to customers







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Can you answer 50 questions in 15 minutes?


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