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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. The length of the loan






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






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






4. An item of data the stays the same






5. Allows you to buy merchandise from a supplier and pay at a later - specified date.






6. V = pir2h






7. Interest is paid 365 times a year






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






9. Parts of a whole number






10. Turning assets into cash.






11. A series of discounts






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






13. Preference and common






14. Interest is paid once a year






15. The score that falls in the middle






16. Total amount before another amount is added or subtracted






17. End of month.






18. Security for a loan






19. A number to be divided by another number






20. A chart showing the lines of responsibility between departments of a large organization






21. Costs that remain constant






22. Part ownership in a company






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






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






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






26. Property other than real estate (often called a chattel mortgage)






27. The first number






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






29. Get temporarily






30. Per day






31. A measure of how many times the value of the inventory is sold in one year.






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






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






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






35. Cash + receivables/ current liabilities.






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






37. Of one hundred






38. Money given to someone on condition the person will return the money and interest by a specific date






39. To take away from the original cost of something






40. Thousandth






41. Will not decay or rot






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






43. A rate that one currency can be exchanged for another






44. Per annum - yearly






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






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






47. A comparison of two numbers






48. Algebraic - arithmetic






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






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