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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 length of time until the debt is zero






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






3. A bill






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






5. Current assets/ current liabilities






6. Real estate (houses - condos - warehouses - factories - etc)






7. To take away from the original cost of something






8. The new percent obtained by subtracting the change percent from 100%.






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






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






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






12. Two equivalent ratios joined by an equal sign.






13. Thousandth






14. Total fixed costs/ selling price-variable cost






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






16. The number you are multipliying by






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






18. The price paid after the trade discount has been subtracted.






19. Tenth - .1






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






21. Compares two numbers or quantities by using division.






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






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






24. Algebraic - arithmetic






25. The divisor of a fraction






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






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






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






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






30. A person who is tricked or swindled






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






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






33. Identifies short-term activities to implement strategic plans






34. The length of the loan






35. V=lwh






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






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






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






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






40. The variable of the percentage formula that represents 100% - or the whole thing.






41. Inside numbers in a ratio.






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






43. The number to be divided by






44.






45. Parts of a whole number






46. A number to be divided by another number






47. A percentage discount to customers






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






49. The lender






50. First term in a ratio.







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Can you answer 50 questions in 15 minutes?


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