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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. Things you own






2. Two equivalent ratios joined by an equal sign.






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






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






5. The total of units multiplied by the price






6. Interest is paid four times a year






7. Of one hundred






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






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






10. Suggested Retail Price






11. Preference and common






12. A way of expressing a change from an original amount to a new amount without using a percentage sign.






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






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






15. The original cost of an item






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






17. A number calculated from sample data






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






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






20. Total annual sales/365






21. The amount of money borrowed is between 75% - 95% of the purchase price






22. Cost associated with fixed expenses such as rent - debt service and administration.






23. Commission fee - inflation rate - capital gains tax






24. Amount of money coming in and going out of your business monthly






25. Per annum - yearly






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






27. 3am or 4am when most people are in a deep sleep.






28. The amount that can actually be eaten - after trimming and cooking






29. Thousandth






30. The highest number in a group of data






31. A portion of the population being studied






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






33. An item of data that has a different value at different times






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






35. V = pir2h






36. Costs that remain constant






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






38. V = e 3






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






40. Per day






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






42. V = 1/3 pir2h






43. To not spend






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






45. The length of time until the debt is zero






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






47. Amounts of money you owe






48. The divisor of a fraction






49. Second term in a ratio.






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