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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 chart that shows the balance of the mortgage after each amortization period






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






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






4. Current assets/ current liabilities






5. Investing in a well-established company






6. Cash + receivables/ current liabilities.






7. The number to be divided by






8. V = e 3






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






10. Total annual sales/365






11. Paid dividends after the preference shares have been paid






12. The depreciation of an asset as an expense






13. A portion of the population being studied






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






15. The number by which a dividend is divided






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






17. 0.01 - 1/100 - hundredth






18. A number calculated from sample data






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






20. The highest number in a group of data






21. The lowest number in a group of data






22. Of one hundred






23. To not spend






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






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






26. Both fixed and variable components - Vary with incremental changes in capacity - Display in a stair step pattern






27. V = 1/3 pir2h






28.






29. The length of time until the debt is zero






30. The original cost of an item






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






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






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






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






35. When several percentages occur in successions.






36. N. items or materials needed for something such as a business - expedition - or vessel






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






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






39. The borrower






40. Will not decay or rot






41. Paid in full






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






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






44. Things you own






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






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






47. Amounts of money you owe






48. The number you are dividing by






49. The owner of the property






50. To take away from the original cost of something







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Can you answer 50 questions in 15 minutes?


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