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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. A percentage discount to customers






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






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






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






5. Number calculated from population data






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






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






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






9. Interest is paid 365 times a year






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






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






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






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






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






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






16. The original cost of an item






17. The point at which you stop losing money.






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






19. 3am or 4am when most people are in a deep sleep.






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






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






22. Interest is paid twelve times a year






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






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






25. Used often by business management to analyze the financial position of the business.






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






27. Cash + receivables/ current liabilities.






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






29. Costs that fluctuate






30. Algebraic - arithmetic






31. The number by which a dividend is divided






32. The variable of the percentage formula that defines how much or what part the portion is of the base. The rate is the variable with the percent sign.






33. The total of units multiplied by the price






34. The owner of the property






35. The unexpected variablility of returns






36. Costs that remain constant






37. Preference and common






38. Scaling factor based on yield






39. The length of the loan






40. Security for a loan






41. Deciding if its worth the risk






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






43. The highest number in a group of data






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






45. The number you are dividing by






46. Something that is expected to return a profit






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






48. Manages; guides; controls; commands; tells or shows the way






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






50. # of servings of an item / total number of servings of all items in that category each day