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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. Tenth - .1






2. The unexpected variablility of returns






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






4. Percentage of the list price.






5. Algebraic - arithmetic






6. A loan






7. A comparison of two numbers






8. 1 ounce or less per guest






9. V = e 3






10. The lowest number in a group of data






11. Special hours of work regulations in several industries exempt or set different standards for certain employees






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






13. Money earned on an investment or paid on a loan






14. Interest is paid four times a year






15. The number you are multipliying by






16. The lender






17. Per day






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






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






20. A decimal figure when x by 2400 gives an approximate annual interest rate






21. A bill






22. Paid in full






23. Outside numbers in a ratio.






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






25. Time worked beyond the established working hours






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






27. The number you are dividing by






28. Basic unit of volume in the metric system






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






30. When several percentages occur in successions.






31. The total of units multiplied by the price






32. The point at which you stop losing money.






33. The final figures






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






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






36. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'






37. First term in a ratio.






38. The national average cost of a drug product to a pharmacy; however - in practice this simply 'benchmark' price set by manufacturers.






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






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






41. Inside numbers in a ratio.






42. To take away from the original cost of something






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






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






45. The first number






46. The number of sales / number of covers






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






48. Will not decay or rot






49. Get temporarily






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