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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. Per day






2. Share of the profits of a company






3. A bill






4. Things you own






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






6. The final figures






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






8. Costs that fluctuate






9. Algebraic - arithmetic






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






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






12. The first number






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






14. Something that is expected to return a profit






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






16. The total of units multiplied by the price






17. Commission fee - inflation rate - capital gains tax






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






19. The number to be divided by






20. Interest is paid twelve times a year






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






22. Simple and compound






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






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






25. Non-payment






26. Investing in a well-established company






27. When two ratios are equal






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






29. Time worked beyond the established working hours






30. you may get a large return or get nothing






31. Discounts offered to encourage customers to pay their bills on time






32. The depreciation of an asset as an expense






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






34. The unexpected variablility of returns






35. of one hundred






36. Per annum - yearly






37. Parts of a whole number






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






39. The highest number in a group of data






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






41. A comparison of two numbers






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






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






44. A number calculated from sample data






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






46. Costs that remain constant






47. Preference and common






48. A series of discounts






49. Paid in full






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