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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 loan






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






3. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'






4. The point at which you stop losing money.






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






6. End of month.






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






8. An item of data the stays the same






9. Per day






10. Total annual sales/365






11. The depreciation of an asset as an expense






12. Used when the each piece of data has more than one component






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






14. Compares two numbers or quantities by using division.






15. Two equivalent ratios joined by an equal sign.






16. The owner of the property






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






18. Thousandth






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






20. The total of units multiplied by the price






21. Preference and common






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






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






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






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






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






27. The number by which a dividend is divided






28. The divisor of a fraction






29. When two ratios are equal






30. Simple and compound






31. The majority of the early payments go toward paying the interest on the loan






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






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






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






35. Outside numbers in a ratio.






36. A number calculated from sample data






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






38. Get temporarily






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






40. Current assets/ current liabilities






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






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






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






44. Interest is paid four times a year






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






46. Way to measure amount of product shrinkage during cooking/roasting process






47. The number to be divided by






48. V = e 3






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






50. V = pir2h







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