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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. Of one hundred






2. The number by which a dividend is divided






3. A comparison of two numbers






4. Share of the profits of a company






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






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






7. The number to be divided by






8. Commission fee - inflation rate - capital gains tax






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






10. Direct materials cost plus direct labor cost.






11. Percentage of the list price.






12. A percentage discount to customers






13. Get temporarily






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






15. The depreciation of an asset as an expense






16. Number calculated from population data






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






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






19. Used often by business management to analyze the financial position of the business.






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






21. Interest is paid once a year






22. Interest is paid twice a year






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






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






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






26. Per day






27. One thousand grams - thousand






28. The most frequently occuring value in a group of data






29. The original cost of an item






30. Liable to perish






31. Will not decay or rot






32. A number to be divided by another number






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






34. V = pir2h






35. Per annum - yearly






36. V = e 3






37. A percentage discount for buyers associated with the products being sold






38. Interest is paid four times a year






39. Total annual sales/365






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






41. A paper that entitles the holder to a discount on a particular item






42. Outside numbers in a ratio.






43. Preference and common






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






45. Interest calculated on the principal plus any accumulated interest






46. 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






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






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






49. Costs that fluctuate






50. The lowest number in a group of data







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