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






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






3. The length of time until the debt is zero






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






5. Get temporarily






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






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






8. Things you own






9. 3am or 4am when most people are in a deep sleep.






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






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






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






13. The number by which a dividend is divided






14. A bill






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






16. Algebraic - arithmetic






17. Costs that remain constant






18. Total amount before another amount is added or subtracted






19.






20. Scaling factor based on yield






21. To take away from the original cost of something






22. Interest is paid once a year






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






24. Interest is paid twice a year






25. Accounts receivable/ average daily sales






26. Where info is collected for every unit of the population






27. Tenth - .1






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






29. One thousand grams - thousand






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






31. Two equivalent ratios joined by an equal sign.






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






33. A loan






34. The property of having material worth (often indicated by the amount of money something would bring if sold)






35. Of one hundred






36. Multiply cross products to solve (top x bottom = top x bottom)






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






38. Deciding if its worth the risk






39. Allows you to buy merchandise from a supplier and pay at a later - specified date.






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






41. A portion of the population being studied






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






43. Special hours of work regulations in several industries exempt or set different standards for certain employees






44. V = 1/3 pir2h






45. Number calculated from population data






46. The lender






47. You may get a large return or get nothing






48. Total annual sales/365






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






50. Percentage of the list price.







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests