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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. A number calculated from sample data






2. The number you are multipliying by






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






4. The lowest number in a group of data






5. Deciding if its worth the risk






6. The lender






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






8. Part ownership in a company






9. The number to be divided by






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






11. An item of data the stays the same






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






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






14. The owner of the property






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






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






17. Non-payment






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






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






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






21. Something that is expected to return a profit






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






23. Algebraic - arithmetic






24. Amounts of money you owe






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






26. Parts of a whole number






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






28. The depreciation of an asset as an expense






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






30. The length of the loan






31. The number you are dividing by






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






33. Interest is paid four times a year






34. Per day






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






36. Interest is paid once a year






37. The first number






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






39. Simple and compound






40. Costs that remain constant






41. The score that falls in the middle






42. Time worked beyond the established working hours






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






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






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






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






47. Investing in a well-established company






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






49. Preference and common






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