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






2. Number calculated from population data






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






4. Provide a specific dividend that is paid before any dividends are paid to common stock holders






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






6. A series of discounts






7. Commission fee - inflation rate - capital gains tax






8. The unexpected variablility of returns






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






10. Total annual sales/365






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






12. The lender






13. Costs that fluctuate






14. The first number






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






16. When two ratios are equal






17. Will not decay or rot






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






19. Cash + receivables/ current liabilities.






20. A comparison of two numbers






21. Percentage of the list price.






22. Inside numbers in a ratio.






23. Security for a loan






24. Of one hundred






25. Paid in full






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






27. The lowest number in a group of data






28. V = e 3






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






30. 3am or 4am when most people are in a deep sleep.






31. Interest is paid twice a year






32. 1 ounce or less per guest






33. Adding columns of figures horizontally and vertically to check that the totals agree






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






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






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






37. The total of units multiplied by the price






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






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






40. Parts of a whole number






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






42. Share of the profits of a company






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






44. Sheet that lists all menu items that are going - to be prepared for a given date






45. A statement made about the future






46. Per day






47. 0.01 - 1/100 - hundredth






48. The point at which you stop losing money.






49. Paid dividends after the preference shares have been paid






50. The national average cost of a drug product to a pharmacy; however - in practice this simply 'benchmark' price set by manufacturers.







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