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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 lowest number in a group of data






2. Things you own






3. A portion of the population being studied






4. Share of the profits of a company






5. The highest number in a group of data






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






7. The depreciation of an asset as an expense






8. Commission fee - inflation rate - capital gains tax






9. Amounts of money you owe






10. Costs that fluctuate






11. Interest is paid 365 times a year






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






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






14. Simple and compound






15. Time worked beyond the established working hours






16. A percentage discount to customers






17. A loan






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






19. Per annum - yearly






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






21. Something that is expected to return a profit






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






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






24. Interest calculated on the principle






25. The number to be divided by






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






27. Parts of a whole number






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






29. The unexpected variablility of returns






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






31. The borrower






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






33. The total of units multiplied by the price






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






35. Algebraic - arithmetic






36. A bill






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






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






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






40. The length of time until the debt is zero






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






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






43. of one hundred






44. Costs that remain constant






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






46. Interest is paid four times a year






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






48. Interest is paid twice a year






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






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