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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. Thousandth






2. Interest is paid 365 times a year






3. Part ownership in a company






4. Interest calculated on the principle






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






6. Electronic - portable (pocket) - computer - spreadsheets






7. The divisor of a fraction






8. The length of the loan






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






10. One thousand grams - thousand






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






12. Deciding if its worth the risk






13. Algebraic - arithmetic






14. Factor by which a quantity that is expressed in one set of units must be multiplied in order to convert it into another set of units






15. A bill






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






17. Suggested Retail Price






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






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






20. Provide a specific dividend that is paid before any dividends are paid to common stock holders






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






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






23. A complete set of individuals - objects or scores being studied






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






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






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






27. Something that is expected to return a profit






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






29. The first number






30. The number you are dividing by






31. 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.






32. V=lwh






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






34. Number calculated from population data






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






36. A percentage discount to customers






37. Interest is paid twice a year






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






39. Things you own






40. Inside numbers in a ratio.






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






42. V = e 3






43. Paid in full






44. Share of the profits of a company






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






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






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






48. The highest number in a group of data






49. The length of time until the debt is zero






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