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






2. Time worked beyond the established working hours






3. The score that falls in the middle






4. Preference and common






5. A percentage discount to customers






6. The number you are dividing by






7. you may get a large return or get nothing






8. Per annum - yearly






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






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






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






12. Interest is paid once a year






13. The borrower






14. A number calculated from sample data






15. The depreciation of an asset as an expense






16. Investing in a well-established company






17. Things you own






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






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






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






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






22. Number calculated from population data






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






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






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






26. A comparison of two numbers






27. Interest is paid twice a year






28. The first number






29. A portion of the population being studied






30. The number you are multipliying by






31. Interest is paid 365 times a year






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






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






34. Parts of a whole number






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






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






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






38. Interest calculated on the principal plus any accumulated interest






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






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






41. A series of discounts






42. Interest is paid twelve times a year






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






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






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






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






47. Simple and compound






48. A bill






49. The unexpected variablility of returns






50. Amounts of money you owe