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






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






4. Electronic - portable (pocket) - computer - spreadsheets






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






6. The lender






7. Liable to perish






8. 3am or 4am when most people are in a deep sleep.






9. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.






10. An item of data the stays the same






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






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






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






14. Direct materials cost plus direct labor cost.






15. The variable of the percentage formula that defines how much or what part the portion is of the base. The rate is the variable with the percent sign.






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






17. The divisor of a fraction






18. Commission fee - inflation rate - capital gains tax






19. Paid dividends after the preference shares have been paid






20. The number you are dividing by






21. Costs that remain constant






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






23. A portion of the population being studied






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






25. Turning assets into cash.






26. The final figures






27. Will not decay or rot






28. A series of discounts






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






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






31. The length of the loan






32. The borrower






33. Security for a loan






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






35. The highest number in a group of data






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






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






38. Current assets/ current liabilities






39. The price after any down-payment or trade-in






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






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






42. Part ownership in a company






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






44. V = 1/3 pir2h






45. To take away from the original cost of something






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






47. The lowest number in a group of data






48. A number calculated from sample data






49. A comparison of two numbers






50. The original cost of an item