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






2. A percentage discount to customers






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






4. A decrease in price or value






5. A statement made about the future






6. Interest is paid twelve times a year






7. Paid dividends after the preference shares have been paid






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






9. The original cost of an item






10. Current assets/ current liabilities






11. V = 1/3 pir2h






12. Costs that remain constant






13. 3am or 4am when most people are in a deep sleep.






14. Thousandth






15. A series of discounts






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






17. Of one hundred






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






19. Security for a loan






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






21. The divisor of a fraction






22. Used when the each piece of data has more than one component






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






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






25. Get temporarily






26. The number by which a dividend is divided






27. One thousand grams - thousand






28. Deciding if its worth the risk






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






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






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






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






33. The variable of the percentage formula that defines how much or what part the portion is of the base. The rate is the variable with the percent sign.






34. Amounts of money you owe






35. An item of data the stays the same






36. When several percentages occur in successions.






37. Liable to perish






38. To not spend






39. You may get a large return or get nothing






40. A written form listing the specific characteristics of a product that is to be purchased from a supplier.






41. Investing in a well-established company






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






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






44. Things you own






45. A number calculated from sample data






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






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






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






49. Where info is collected for every unit of the population






50. The length of the loan