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






2. Investing in a well-established company






3. Costs that remain constant






4. The number you are dividing by






5. One thousand grams - thousand






6. Money charged by the government and added to the original price of an item






7. A portion of the population being studied






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






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






10. A person who is tricked or swindled






11. Outside numbers in a ratio.






12. Total fixed costs/ selling price-variable cost






13. 3am or 4am when most people are in a deep sleep.






14. The amount of money borrowed is less than 75% of the purchase price






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






16. Percentage of the list price.






17. Liable to perish






18. Current assets/ current liabilities






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






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






21. Turning assets into cash.






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






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






24. You may get a large return or get nothing






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






26. Non-payment






27. A percentage discount to customers






28. The variable of the percentage formula that defines how much or what part the portion is of the base. The rate is the variable with the percent sign.






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






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






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






32. Accounts receivable/ average daily sales






33. The number by which a dividend is divided






34. Costs that fluctuate






35. The total of units multiplied by the price






36. The property of having material worth (often indicated by the amount of money something would bring if sold)






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






38. Will not decay or rot






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






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






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






42. 1 ounce or less per guest






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






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






45. Interest is paid twice a year






46. A statement made about the future






47. Interest calculated on the principle






48. The borrower






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






50. Basic unit of volume in the metric system