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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. Amounts of money you owe






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






3. The lowest number in a group of data






4. Costs that fluctuate






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






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






7. Time worked beyond the established working hours






8. A loan






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






10. The length of time until the debt is zero






11. When two ratios are equal






12. Interest is paid twelve times a year






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






14. Paid dividends after the preference shares have been paid






15. The final figures






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






17. Algebraic - arithmetic






18. An item of data the stays the same






19. The length of the loan






20. Paid in full






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






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






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






24. Interest is paid twice a year






25. The number you are dividing by






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






27. Number calculated from population data






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






29. The score that falls in the middle






30. Preference and common






31. Interest is paid 365 times a year






32. The borrower






33. Non-payment






34. you may get a large return or get nothing






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






36. The highest number in a group of data






37. A comparison of two numbers






38. The owner of the property






39. The lender






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






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






42. Investing in a well-established company






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






44. of one hundred






45. The number you are multipliying by






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






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






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






49. Security for a loan






50. Things you own