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






2. Scaling factor based on yield






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






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






5. The length of the loan






6. Two equivalent ratios joined by an equal sign.






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






8. Compares two numbers or quantities by using division.






9. The lender






10. Merchandise inventory determined by keeping a continuous record of increases - decreases - and balance on hand






11. Interest is paid twice a year






12. The process of repossessing and selling the real or personal property when the borrower has defaulted






13. Preference and common






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






15. Algebraic - arithmetic






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






17. Total amount before another amount is added or subtracted






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






19. Percentage of the list price.






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






21. A percentage discount for buyers associated with the products being sold






22. Loans to companies or goverments (no voting rights)






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






24. Interest calculated on the principle






25. V = e 3






26. 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.






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






28. Current assets/ current liabilities






29. The length of time until the debt is zero






30. Liable to perish






31. When two ratios are equal






32. Inside numbers in a ratio.






33. A comparison of two numbers






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






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






36. The depreciation of an asset as an expense






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






38. Basic unit of volume in the metric system






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






40.






41. Per day






42. Both fixed and variable components - Vary with incremental changes in capacity - Display in a stair step pattern






43. The amount of money borrowed is less than 75% of the purchase price






44. The number you are multipliying by






45. The first number






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






47. Cost associated with fixed expenses such as rent - debt service and administration.






48. Thousandth






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






50. Total annual sales/365