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DSST Business Math Vocab

  • Answer 50 questions in 15 minutes.
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  • 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. A decrease in price or value

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

3. Shows the money coming in and expenses for a certain period of time.

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

5. The money paid to an employee based on a percentage of their sales

6. Tenth - .1

7. Amounts of money you owe

8. A comparison of two numbers

9. 0.01 - 1/100 - hundredth

10. Non-payment

11. Interest is paid four times a year

12. Loans to companies or goverments (no voting rights)

13. The first number

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

15. Investing in a well-established company

16. A number to be divided by another number

17. Security for a loan

18. A contract giving someone the right to use something for a certain length of time

19. Number calculated from population data

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

21. Thousandth

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

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

24. Direct materials cost plus direct labor cost.

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

26. An item of data the stays the same

27. Cash + receivables/ current liabilities.

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

29. A way of expressing a change from an original amount to a new amount without using a percentage sign.

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

31. The final figures

32. Something that is expected to return a profit

33. A series of discounts

34. The point at which you stop losing money.

35. 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

36. Per day

37. First term in a ratio.

38. The length of time until the debt is zero

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

40. Suggested Retail Price

41. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.

42. The highest number in a group of data

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

44. Of one hundred

45. V=lwh

46. The price paid after the trade discount has been subtracted.

47. When an item is discounted or less than the original price

48. The original cost of an item

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

50. Parts of a whole number