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






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






3. Investing in a well-established company






4. The borrower






5. The number you are dividing by






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






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






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






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






10. A comparison of two numbers






11. Share of the profits of a company






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






13. When two ratios are equal






14. Costs that fluctuate






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






16. Paid in full






17. Costs that remain constant






18. A number calculated from sample data






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






20. The number you are multipliying by






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






22. you may get a large return or get nothing






23. Non-payment






24. The total of units multiplied by the price






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






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






27. Deciding if its worth the risk






28. The highest number in a group of data






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






30. Interest is paid 365 times a year






31. of one hundred






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






33. Parts of a whole number






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






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






36. Interest calculated on the principal plus any accumulated interest






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






38. The lender






39. Interest is paid once a year






40. Interest is paid four times a year






41. Time worked beyond the established working hours






42. Interest calculated on the principle






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






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






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






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






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






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






49. Interest is paid twelve times a year






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