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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. Something that is expected to return a profit






2. An item of data the stays the same






3. Parts of a whole number






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






5. Part ownership in a company






6. The final figures






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






8. Preference and common






9. When two ratios are equal






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






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






12. The total of units multiplied by the price






13. The number to be divided by






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






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






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






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






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






19. A comparison of two numbers






20. The lowest number in a group of data






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






22. Deciding if its worth the risk






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






24. The borrower






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






26. Interest is paid twelve times a year






27. The length of time until the debt is zero






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






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






30. you may get a large return or get nothing






31. Things you own






32. Investing in a well-established company






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






34. A percentage discount to customers






35. Interest calculated on the principle






36. A portion of the population being studied






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






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






39. Amounts of money you owe






40. The number you are multipliying by






41. Per day






42. Interest is paid twice a year






43. The number you are dividing by






44. Per annum - yearly






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






46. A complete set of individuals - objects or scores being studied






47. of one hundred






48. Commission fee - inflation rate - capital gains tax






49. The lender






50. Number calculated from population data







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Can you answer 50 questions in 15 minutes?


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