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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 interest amount is small - but you are guaranteed to get something






2. V=lwh






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






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






5. Current assets/ current liabilities






6. Investing in a well-established company






7. Money given to someone on condition the person will return the money and interest by a specific date






8. The info collected from a survey and the figures generated through statistical analysis






9. Property other than real estate (often called a chattel mortgage)






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






11. Total fixed costs/ selling price-variable cost






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






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






14. The length of the loan






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






16. Cash + receivables/ current liabilities.






17. Outside numbers in a ratio.






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






19. Tenth - .1






20. Shows the assets - liabilities and financial position of the company






21. The lender






22. A portion of the population being studied






23. Total amount before another amount is added or subtracted






24. A number calculated from sample data






25. Cost of the an item/# of portions it contains.






26. An item of data the stays the same






27. Things you own






28. Systematic recording of all sales achieved during a predetermined time period






29. Algebraic - arithmetic






30. A series of discounts






31. Scaling factor based on yield






32. Shows the money coming in and expenses for a certain period of time.






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






34. Will not decay or rot






35. A percentage discount to customers






36. 3am or 4am when most people are in a deep sleep.






37. The point at which you stop losing money.






38. Direct materials cost plus direct labor cost.






39. Where info is collected for every unit of the population






40. Something that is expected to return a profit






41. V = e 3






42. Paid dividends after the preference shares have been paid






43. Preference and common






44. The number you are multipliying by






45. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)






46. 1 ounce or less per guest






47. Thousandth






48. The original cost of an item






49. Total annual sales/365






50. Interest is paid 365 times a year






Can you answer 50 questions in 15 minutes?



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