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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. 0.01 - 1/100 - hundredth






2. The unexpected variablility of returns






3. (simple average) adding the group of items and dividing by the total number of items






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






5. The length of time until the debt is zero






6. A decimal figure when x by 2400 gives an approximate annual interest rate






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






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






9. To take away from the original cost of something






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






11. When two ratios are equal






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






13. Tenth - .1






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






15. Used when the each piece of data has more than one component






16. Interest is paid 365 times a year






17. One thousand grams - thousand






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






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






20. Allows you to buy merchandise from a supplier and pay at a later - specified date.






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






22. Interest is paid twelve times a year






23. V = 1/3 pir2h






24. Share of the profits of a company






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






26. The final figures






27. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.






28. Non-payment






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






30. Outside numbers in a ratio.






31. Interest is paid twice a year






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






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






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






35. A paper that entitles the holder to a discount on a particular item






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






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






38. Preference and common






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






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






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






42. The highest number in a group of data






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






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






45. The number you are multipliying by






46. Liable to perish






47. First term in a ratio.






48. Scaling factor based on yield






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






50. The number you are dividing by