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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. Paid dividends after the preference shares have been paid






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






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






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






5. Get temporarily






6.






7. The borrower






8. Will not decay or rot






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






10. Security for a loan






11. Per annum - yearly






12. Parts of a whole number






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






14. Interest is paid four times a year






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






16. A loan






17. The highest number in a group of data






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






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






20. Preference and common






21. Loans to companies or goverments (no voting rights)






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






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






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






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






26. Identifies short-term activities to implement strategic plans






27. You may get a large return or get nothing






28. Discounts offered to encourage customers to pay their bills on time






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






30. A metric unit of weight equal to one thousandth of a kilogram






31. The total of units multiplied by the price






32. A decimal system of weights and measures based on the meter and the kilogram and the second






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






34. When several percentages occur in successions.






35. When an item is discounted or less than the original price






36. A percentage discount to customers






37. V = e 3






38. To not spend






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






40. Outside numbers in a ratio.






41. Compares two numbers or quantities by using division.






42. 0.01 - 1/100 - hundredth






43. Turning assets into cash.






44. The number you are dividing by






45. Things you own






46. Simple and compound






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






48. Costs that remain constant






49. Accounts receivable/ average daily sales






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