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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. A series of discounts






2. The first number






3. Number calculated from population data






4. of one hundred






5. Preference and common






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






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






8. The number you are multipliying by






9. Interest is paid twice a year






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






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






12. The final figures






13. Paid dividends after the preference shares have been paid






14. Paid in full






15. An item of data the stays the same






16. Investing in a well-established company






17. The total of units multiplied by the price






18. Commission fee - inflation rate - capital gains tax






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






20. Security for a loan






21. Part ownership in a company






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






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






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






25. Deciding if its worth the risk






26. The score that falls in the middle






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






28. Interest is paid 365 times a year






29. The borrower






30. A percentage discount to customers






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






32. Per annum - yearly






33. Interest calculated on the principal plus any accumulated interest






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






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






36. The length of time until the debt is zero






37. Time worked beyond the established working hours






38. A loan






39. Costs that remain constant






40. Amounts of money you owe






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






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






43. A comparison of two numbers






44. A bill






45. The lender






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






47. A number calculated from sample data






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






49. Non-payment






50. The depreciation of an asset as an expense