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DSST Business Math Vocab
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DSST Business Math Vocab
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25 Questions

1. A measure of the number of days needed to collect accounts receivable.

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

3. Suggested Retail Price

4. Liable to perish

5. The length of time until the debt is zero

6. Interest is paid twice a year

7. The final figures

8. Keeping budgeted costs as close as possible to actual costs.

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

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

11. Algebraic - arithmetic

12. Total annual sales/365

13. The number you are multipliying by

14. A percentage discount to customers

15. A bill

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

17. Interest calculated on the principle

18. Seizing property that belongs to someone else and holding it until profits pay the demand for which it was seized

19. Costs that fluctuate

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

21. An item of data the stays the same

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

23. Interest is paid 365 times a year

24. Costs that remain constant

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