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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. Paid in full






2. Part ownership in a company






3. The amount that can actually be eaten - after trimming and cooking






4.






5. Security for a loan






6. A chart that shows the balance of the mortgage after each amortization period






7. Way to measure amount of product shrinkage during cooking/roasting process






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






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






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






11. Real estate (houses - condos - warehouses - factories - etc)






12. Total annual sales/365






13. The depreciation of an asset as an expense






14. V = pir2h






15. Number calculated from population data






16. The first number






17. 3am or 4am when most people are in a deep sleep.






18. The info collected from a survey and the figures generated through statistical analysis






19. The point at which you stop losing money.






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






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






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






23. Cash + receivables/ current liabilities.






24. Those which can be directly attributable to the production of a particular product or service and allocated to a particular cost centre.






25. Per annum - yearly






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






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






28. The original cost of an item






29. A series of discounts






30. Interest calculated on the principal plus any accumulated interest






31. The interest amount is small - but you are guaranteed to get something






32. A statement made about the future






33. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)






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






35. Two equivalent ratios joined by an equal sign.






36. Per day






37. Time worked beyond the established working hours






38. A loan






39. One thousand grams - thousand






40. A person who is tricked or swindled






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






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






43. The price after any down-payment or trade-in






44. Paid dividends after the preference shares have been paid






45. Get temporarily






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






47. Parts of a whole number






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






49. Detailed instructions describing the way a particular foodservice operation prepares a particular dish






50. An inventory costing method that assigns the most recent costs to ending inventory