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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 borrower






2. A number calculated from sample data






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






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






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






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






7. Interest is paid 365 times a year






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






9. A portion of the population being studied






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






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






12. Interest is paid twelve times a year






13. Algebraic - arithmetic






14. The final figures






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






16. The number you are dividing by






17. Security for a loan






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






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






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






21. The length of time until the debt is zero






22. Amounts of money you owe






23. Simple and compound






24. Preference and common






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






26. Paid dividends after the preference shares have been paid






27. When two ratios are equal






28. of one hundred






29. Parts of a whole number






30. Part ownership in a company






31. The depreciation of an asset as an expense






32. A comparison of two numbers






33. Commission fee - inflation rate - capital gains tax






34. A series of discounts






35. The highest number in a group of data






36. Paid in full






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






38. The unexpected variablility of returns






39. The first number






40. The number you are multipliying by






41. Deciding if its worth the risk






42. Interest calculated on the principle






43. Per annum - yearly






44. The owner of the property






45. Interest is paid twice a year






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






47. Interest is paid four times a year






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






49. A loan






50. Interest calculated on the principal plus any accumulated interest







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Can you answer 50 questions in 15 minutes?


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