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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. The number to be divided by






2. To take away from the original cost of something






3. The number by which a dividend is divided






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






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






6. A percentage discount to customers






7. The most frequently occuring value in a group of data






8. A portion of the population being studied






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






10. The property of having material worth (often indicated by the amount of money something would bring if sold)






11. Percentage of the list price.






12. Costs that remain constant






13. Paid in full






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






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






16. Per annum - yearly






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






18. The owner of the property






19. V = e 3






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






21. Will not decay or rot






22. Interest is paid twice a year






23. The borrower






24. N. items or materials needed for something such as a business - expedition - or vessel






25. Outside numbers in a ratio.






26. Systematic recording of all sales achieved during a predetermined time period






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






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






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






30. Share of the profits of a company






31. Algebraic - arithmetic






32. Amounts of money you owe






33. V = pir2h






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






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






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






37. Time worked beyond the established working hours






38. Basic unit of volume in the metric system






39. Inside numbers in a ratio.






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






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






42. Direct materials cost plus direct labor cost.






43. First term in a ratio.






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






45. Accounts receivable/ average daily sales






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






47. A written form listing the specific characteristics of a product that is to be purchased from a supplier.






48. Shows the assets - liabilities and financial position of the company






49. A comparison of two numbers






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