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DSST Business Math Vocab

  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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 length of the loan

2. Non-payment

3. V = e 3

4. Cash + receivables/ current liabilities.

5. Current assets/ current liabilities

6. Interest calculated on the principle

7. Used often by business management to analyze the financial position of the business.

8. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)

9. Algebraic - arithmetic

10. A loan

11. Tenth - .1

12. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.

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

14. The new percent obtained by subtracting the change percent from 100%.

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

16. The lowest number in a group of data

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

18. The number to be divided by

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

20. Thousandth

21. A decrease in price or value

22. The original cost of an item

23. Something that is expected to return a profit

24. N. items or materials needed for something such as a business - expedition - or vessel

25. First term in a ratio.

26. The depreciation of an asset as an expense

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

28. A measure of how many times the value of the inventory is sold in one year.

29. Things you own

30. The total of units multiplied by the price

31. Deciding if its worth the risk

32. To take away from the original cost of something

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

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

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

36. The final figures

37. A number to be divided by another number

38. When two ratios are equal

39. The borrower

40. Money charged by the government and added to the original price of an item

41. Basic unit of volume in the metric system

42. Identifies short-term activities to implement strategic plans

43. Manages; guides; controls; commands; tells or shows the way

44. A cost that does not change - no matter how much of a good is produced

45. Investing in a well-established company

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

47. Systematic recording of all sales achieved during a predetermined time period

48. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.

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

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