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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 person who is tricked or swindled






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






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






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






5. The unexpected variablility of returns






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






7. Costs that remain constant






8. To not spend






9. Costs that fluctuate






10. The borrower






11. Scaling factor based on yield






12. The first number






13. The number you are multipliying by






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






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






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






17. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.






18. V=lwh






19. Adding columns of figures horizontally and vertically to check that the totals agree






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






21. Paid in full






22. One thousand grams - thousand






23. The highest number in a group of data






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






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






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






27. A number calculated from sample data






28. Deciding if its worth the risk






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






30. The length of time until the debt is zero






31. The difference between the highest and lowest numbers in a set of data






32. The number to be divided by






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






34. Two equivalent ratios joined by an equal sign.






35. Amount of money coming in and going out of your business monthly






36. Accounts receivable/ average daily sales






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






38. Turning assets into cash.






39. 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






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






41. V = 1/3 pir2h






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






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






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






45. Thousandth






46. The person paying to borrow property for a certain amount of time for payments






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






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






49. Preference and common






50. A rate that one currency can be exchanged for another







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Can you answer 50 questions in 15 minutes?


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