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






2.






3. The first number






4. The lender






5. The person paying to borrow property for a certain amount of time for payments






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






7. A rate that one currency can be exchanged for another






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






9. The highest number in a group of data






10. An itemized statement of money owed for goods shipped or services rendered






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






12. The score that falls in the middle






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






14. One thousand grams - thousand






15. Percentage of the list price.






16. The unexpected variablility of returns






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






18. Turning assets into cash.






19. Be sufficient to meet - defray - or offset the charge or cost of






20. A person who is tricked or swindled






21. V = 1/3 pir2h






22. End of month.






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






24. The total of units multiplied by the price






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






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






27. 3am or 4am when most people are in a deep sleep.






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






29. A bill






30. Interest is paid four times a year






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






32. V = pir2h






33. Factor by which a quantity that is expressed in one set of units must be multiplied in order to convert it into another set of units






34. A statement made about the future






35. Scaling factor based on yield






36. Something that is expected to return a profit






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






38. Interest is paid twice a year






39. The depreciation of an asset as an expense






40. A measure of how many times the value of the inventory is sold in one year.






41. Merchandise inventory determined by keeping a continuous record of increases - decreases - and balance on hand






42. Time worked beyond the established working hours






43. Interest is paid twelve times a year






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






45. The divisor of a fraction






46. The final figures






47. A percentage discount to customers






48. Will not decay or rot






49. Liable to perish






50. Amounts of money you owe