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






2. The lender






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






4. Interest is paid twelve times a year






5. The final figures






6. Per day






7. Interest calculated on the principle






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






9. Preference and common






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






11. Interest is paid once a year






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






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






14. The number you are multipliying by






15. Time worked beyond the established working hours






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






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






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






19. Interest is paid 365 times a year






20. The number to be divided by






21. The length of the loan






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






23. Security for a loan






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






25. Costs that fluctuate






26. A portion of the population being studied






27. When two ratios are equal






28. The lowest number in a group of data






29. Something that is expected to return a profit






30. Part ownership in a company






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






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






33. Interest calculated on the principal plus any accumulated interest






34. Parts of a whole number






35. A series of discounts






36. Interest is paid four times a year






37. Non-payment






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






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






40. The unexpected variablility of returns






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






42. Commission fee - inflation rate - capital gains tax






43. Per annum - yearly






44. The length of time until the debt is zero






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






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






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






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






49. The first number






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