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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 price after any down-payment or trade-in






2. 3am or 4am when most people are in a deep sleep.






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






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






5. The number of sales / number of covers






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






7. Paid dividends after the preference shares have been paid






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






9. Amounts of money you owe






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






11. The point at which you stop losing money.






12. Accounts receivable/ average daily sales






13. Scaling factor based on yield






14. The length of the loan






15. Interest is paid twice a year






16. Provide a specific dividend that is paid before any dividends are paid to common stock holders






17. Get temporarily






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






19. Security for a loan






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






21. The borrower






22. An actual count of merchandise to determine the exact quantity on hand is referred to as a(n) .






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






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






25. End of month.






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






27. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'






28. Interest calculated on the principal plus any accumulated interest






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






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






31. The score that falls in the middle






32. The final figures






33. Something that is expected to return a profit






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






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






36. Direct materials cost plus direct labor cost.






37. Time worked beyond the established working hours






38. You may get a large return or get nothing






39. Investing in a well-established company






40. First term in a ratio.






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






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






43. V = 1/3 pir2h






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






45. The lowest number in a group of data






46. Percentage of the list price.






47. 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






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






49. Part ownership in a company






50. The process of repossessing and selling the real or personal property when the borrower has defaulted