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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. Be sufficient to meet - defray - or offset the charge or cost of






2. When several percentages occur in successions.






3. First term in a ratio.






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






5. Interest is paid once a year






6. The number you are dividing by






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






8. V = 1/3 pir2h






9. Deciding if its worth the risk






10. The unexpected variablility of returns






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






12. Turning assets into cash.






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






14. A number calculated from sample data






15. Parts of a whole number






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






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






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






19. V = e 3






20. A comparison of two numbers






21. Interest calculated on the principal plus any accumulated interest






22. Inside numbers in a ratio.






23. Number calculated from population data






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






25. The borrower






26. Part ownership in a company






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






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






29. A person who is tricked or swindled






30. Per day






31. The original cost of an item






32. Things you own






33. Will not decay or rot






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






35. Costs that fluctuate






36. The depreciation of an asset as an expense






37. A bill






38. The point where income and expenses intersect (no loss or profit)






39. The variable of the percentage formula that represents 100% - or the whole thing.






40. One thousand grams - thousand






41. Preference and common






42. Direct materials cost plus direct labor cost.






43. Paid in full






44. Non-payment






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






46. Second term in a ratio.






47. End of month.






48. V=lwh






49. An actual count of merchandise to determine the exact quantity on hand is referred to as a(n) .






50. The variable of the percentage formula that represents a part of the base.