## Test your basic knowledge |

# DSST Business Math Vocab

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

**2. Deciding if its worth the risk**

**3. The variable of the percentage formula that represents a part of the base.**

**4. The number of sales / number of covers**

**5. A comparison of two numbers**

**6. Amounts of money you owe**

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

**8. A portion of the population being studied**

**9. Interest is paid 365 times a year**

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

**11. 3am or 4am when most people are in a deep sleep.**

**12. Inside numbers in a ratio.**

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

**14. Parts of a whole number**

**15. A metric unit of weight equal to one thousandth of a kilogram**

**16. A decimal system of weights and measures based on the meter and the kilogram and the second**

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

**18. # of servings of an item / total number of servings of all items in that category each day**

**19. The lender**

**20. Cost of the an item/# of portions it contains.**

**21. The smallest number - other than zero - that can be the denominator for two or more common fractions**

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

**23. A number to be divided by another number**

**24. The divisor of a fraction**

**25. Suggested Retail Price**

**26. Will not decay or rot**

**27. A number calculated from sample data**

**28. Where info is collected for every unit of the population**

**29. Share of the profits of a company**

**30. Tenth - .1**

**31. An item of data the stays the same**

**32. The first number**

**33. The final figures**

**34. Preference and common**

**35. A decrease in price or value**

**36. The part of a fraction above the line - which tells how many parts are being counted.**

**37. The highest number in a group of data**

**38. Number calculated from population data**

**39. Current assets/ current liabilities**

**40.**

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

**42. Investing in a well-established company**

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

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

**45. A written form listing the specific characteristics of a product that is to be purchased from a supplier.**

**46. Paid dividends after the preference shares have been paid**

**47. Identifies short-term activities to implement strategic plans**

**48. Things you own**

**49. Costs that fluctuate**

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