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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. Simple and compound






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






3. The highest number in a group of data






4. Algebraic - arithmetic






5. Commission fee - inflation rate - capital gains tax






6. Interest is paid once a year






7. A percentage discount to customers






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






9. Deciding if its worth the risk






10. Interest calculated on the principle






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






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






13. A comparison of two numbers






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






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






16. Investing in a well-established company






17. The final figures






18. Interest is paid four times a year






19. Things you own






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






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






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






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






24. The owner of the property






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






26. A loan






27. The score that falls in the middle






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






29. The unexpected variablility of returns






30. Paid dividends after the preference shares have been paid






31. The total of units multiplied by the price






32. The lowest number in a group of data






33. Interest is paid 365 times a year






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






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






36. Interest calculated on the principal plus any accumulated interest






37. The number you are dividing by






38. A bill






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






40. An item of data the stays the same






41. Interest is paid twice a year






42. The first number






43. A number calculated from sample data






44. The amount of money borrowed is less than 75% of the purchase price






45. Share of the profits of a company






46. Security for a loan






47. The length of the loan






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






49. Part ownership in a company






50. of one hundred







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Can you answer 50 questions in 15 minutes?


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