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






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






3. Parts of a whole number






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






5. A comparison of two numbers






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






7. Second term in a ratio.






8. The number to be divided by






9. Costs that fluctuate






10. The number by which a dividend is divided






11. V = 1/3 pir2h






12. When several percentages occur in successions.






13. The number you are dividing by






14. 3am or 4am when most people are in a deep sleep.






15. The price paid after the trade discount has been subtracted.






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






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






18. 1 ounce or less per guest






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






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






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






22. Number calculated from population data






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






24. First term in a ratio.






25. Interest is paid twelve times a year






26. The lowest number in a group of data






27. 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






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






29. Commission fee - inflation rate - capital gains tax






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






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






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






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






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






35. Investing in a well-established company






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






37. Part ownership in a company






38. Outside numbers in a ratio.






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






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






41. A statement made about the future






42. Compares two numbers or quantities by using division.






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






44. Time worked beyond the established working hours






45. The number of sales / number of covers






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






47. Thousandth






48. End of month.






49. Suggested Retail Price






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