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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 length of the loan






2. A percentage discount to customers






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






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






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






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






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






8. Preference and common






9. Interest is paid twelve times a year






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






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






12. Part ownership in a company






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






14. The depreciation of an asset as an expense






15. Security for a loan






16. The number you are multipliying by






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






18. A bill






19. Paid dividends after the preference shares have been paid






20. The borrower






21. The number you are dividing by






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






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






24. A loan






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






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






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






28. Something that is expected to return a profit






29. The lender






30. Costs that remain constant






31. A portion of the population being studied






32. Costs that fluctuate






33. The length of time until the debt is zero






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






35. A series of discounts






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






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






38. you may get a large return or get nothing






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






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






41. An item of data the stays the same






42. Interest is paid once a year






43. A comparison of two numbers






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






45. Paid in full






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






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






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






49. The number to be divided by






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