Test your basic knowledge |

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 showing the lines of responsibility between departments of a large organization






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






3. Outside numbers in a ratio.






4. A portion of the population being studied






5. The borrower






6. Per day






7. Inside numbers in a ratio.






8. Two equivalent ratios joined by an equal sign.






9. The lender






10. The highest number in a group of data






11. The length of time until the debt is zero






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






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






14. Factor by which a quantity that is expressed in one set of units must be multiplied in order to convert it into another set of units






15. 0.01 - 1/100 - hundredth






16. To take away from the original cost of something






17. The final figures






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






19. A decrease in price or value






20. The lowest number in a group of data






21. A person who is tricked or swindled






22. The part of a fraction above the line - which tells how many parts are being counted.






23. The national average cost of a drug product to a pharmacy; however - in practice this simply 'benchmark' price set by manufacturers.






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






25. Paid dividends after the preference shares have been paid






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






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






28. Interest calculated on the principle






29. Percentage of the list price.






30. You may get a large return or get nothing






31. Accounts receivable/ average daily sales






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






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






34. Number calculated from population data






35. The point at which you stop losing money.






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






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






38. Deciding if its worth the risk






39. # of servings of an item / total number of servings of all items in that category each day






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






41. Security for a loan






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






43. V = e 3






44. Costs that remain constant






45. Interest is paid 365 times a year






46. Paid in full






47. One thousand grams - thousand






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






49. The length of the loan






50. 3am or 4am when most people are in a deep sleep.







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests