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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. To not spend






2. Per annum - yearly






3. Suggested Retail Price






4. Liable to perish






5. A number to be divided by another number






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






7. V = pir2h






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






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






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






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






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






13.






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






15. Turning assets into cash.






16. When two ratios are equal






17. Interest is paid twice a year






18. When several percentages occur in successions.






19. Interest is paid 365 times a year






20. The final figures






21. The divisor of a fraction






22. End of month.






23. Part ownership in a company






24. Deciding if its worth the risk






25. Outside numbers in a ratio.






26. A decrease in price or value






27. The unexpected variablility of returns






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






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






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






31. Amounts of money you owe






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






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






34. Of one hundred






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






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






37. The lender






38. Security for a loan






39. The highest number in a group of data






40. V = 1/3 pir2h






41. A percentage discount to customers






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






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






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






45. Sheet that lists all menu items that are going - to be prepared for a given date






46. Per day






47. The length of the loan






48. Simple and compound






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






50. The original cost of an item