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

**2. A comparison of two numbers**

**3. Share of the profits of a company**

**4. The length of the loan**

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

**6. Algebraic - arithmetic**

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

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

**9. Interest is paid twice a year**

**10. Security for a loan**

**11. Interest calculated on the principle**

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

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

**14. Interest is paid twelve times a year**

**15. Per annum - yearly**

**16. Amounts of money you owe**

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

**18. Something that is expected to return a profit**

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

**20. Interest is paid once a year**

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

**22. Parts of a whole number**

**23. The most frequently occuring value in a group of data**

**24. Preference and common**

**25. An item of data the stays the same**

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

**27. The final figures**

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

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

**30. The score that falls in the middle**

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

**32. Deciding if its worth the risk**

**33. A number calculated from sample data**

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

**35. A loan**

**36. electronic - portable (pocket) - computer - spreadsheets**

**37. Part ownership in a company**

**38. Commission fee - inflation rate - capital gains tax**

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

**40. The number to be divided by**

**41. Paid dividends after the preference shares have been paid**

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

**43. The number you are multipliying by**

**44. The lender**

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

**46. of one hundred**

**47. Things you own**

**48. loans to companies or goverments (no voting rights)**

**49. Simple and compound**

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