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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 chart that shows the balance of the mortgage after each amortization period






2. Liable to perish






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






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






5. Get temporarily






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






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






8. Share of the profits of a company






9. The final figures






10. V = e 3






11. The number of sales / number of covers






12. Second term in a ratio.






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






14. The first number






15. The lowest number in a group of data






16. Interest calculated on the principle






17. A statement made about the future






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






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






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






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






22. The unexpected variablility of returns






23. V=lwh






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






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






26. Inside numbers in a ratio.






27. Multiply cross products to solve (top x bottom = top x bottom)






28. Turning assets into cash.






29. Total amount before another amount is added or subtracted






30. Number calculated from population data






31. Compares two numbers or quantities by using division.






32. The owner of the property






33. Investing in a well-established company






34. 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






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






36. Paid in full






37. Tenth - .1






38. Scaling factor based on yield






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






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






41. 3am or 4am when most people are in a deep sleep.






42. A loan






43. Will not decay or rot






44. Cash + receivables/ current liabilities.






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






46. Percentage of the list price.






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






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






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






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