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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. The number of sales / number of covers






2. To not spend






3. Interest is paid four times a year






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






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






6. The length of the loan






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






8. The lowest number in a group of data






9. Both fixed and variable components - Vary with incremental changes in capacity - Display in a stair step pattern






10. A number to be divided by another number






11. Get temporarily






12. Interest calculated on the principal plus any accumulated interest






13. Total amount before another amount is added or subtracted






14. The length of time until the debt is zero






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






16. Preference and common






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






18. Cash + receivables/ current liabilities.






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






20. V = pir2h






21. A way of expressing a change from an original amount to a new amount without using a percentage sign.






22. Those which can be directly attributable to the production of a particular product or service and allocated to a particular cost centre.






23. Current assets/ current liabilities






24. Investing in a well-established company






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






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






27. Cost associated with fixed expenses such as rent - debt service and administration.






28. The total of units multiplied by the price






29. A paper that entitles the holder to a discount on a particular item






30. Interest is paid once a year






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






32. Compares two numbers or quantities by using division.






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






34. The amount that can actually be eaten - after trimming and cooking






35. Interest calculated on the principle






36. A portion of the population being studied






37. Non-payment






38. Interest is paid twelve times a year






39. V=lwh






40. The owner of the property






41. A series of discounts






42. The final figures






43. The unexpected variablility of returns






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






45. Liable to perish






46. An inventory costing method that assigns the most recent costs to ending inventory






47. Costs that remain constant






48. A chart showing the lines of responsibility between departments of a large organization






49. Scaling factor based on yield






50. V = e 3







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Can you answer 50 questions in 15 minutes?


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