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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. V = 1/3 pir2h






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






3. Part ownership in a company






4. Interest calculated on the principle






5. One thousand grams - thousand






6. The number you are multipliying by






7. Percentage of the list price.






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






9. A cost that rises or falls depending on how much is produced






10. Interest calculated on the principal plus any accumulated interest






11. A percentage discount to customers






12. Seizing property that belongs to someone else and holding it until profits pay the demand for which it was seized






13. 3am or 4am when most people are in a deep sleep.






14. Total amount before another amount is added or subtracted






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






16. Interest is paid once a year






17. Inside numbers in a ratio.






18. The ratio of the number of workers that had to be replaced in a given time period to the average number of workers






19. Non-payment






20. A number to be divided by another number






21. You may get a large return or get nothing






22. The original cost of an item






23. Time worked beyond the established working hours






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






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






26. Cash or assets that can quickly be converted into cash.






27. The number you are dividing by






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






29. Interest is paid twelve times a year






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






31. The divisor of a fraction






32. Two equivalent ratios joined by an equal sign.






33. The price paid after the trade discount has been subtracted.






34. The first number






35. Per annum - yearly






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






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






38. The majority of the early payments go toward paying the interest on the loan






39. 0.01 - 1/100 - hundredth






40. End of month.






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






42. The variable of the percentage formula that represents 100% - or the whole thing.






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






44. Keeping budgeted costs as close as possible to actual costs.






45. Total annual sales/365






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






47. A decrease in price or value






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






49. Interest is paid twice a year






50. Liable to perish