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






2. The national average cost of a drug product to a pharmacy; however - in practice this simply 'benchmark' price set by manufacturers.






3. A comparison of two numbers






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






5. The point at which you stop losing money.






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






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






8. V = 1/3 pir2h






9. The first number






10. Interest is paid four times a year






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






12. Time worked beyond the established working hours






13. Total fixed costs/ selling price-variable cost






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






15. The borrower






16. Scaling factor based on yield






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






18. Preference and common






19. Manages; guides; controls; commands; tells or shows the way






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






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






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






23. When an item is discounted or less than the original price






24. To take away from the original cost of something






25. The lowest number in a group of data






26. Interest calculated on the principle






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






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






29. One thousand grams - thousand






30. A number calculated from sample data






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






32. A series of discounts






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






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






35. The length of time until the debt is zero






36. Amounts of money you owe






37. 1 ounce or less per guest






38. The final figures






39. Basic unit of volume in the metric system






40. End of month.






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






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






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






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






45. Suggested Retail Price






46. An item of data that has a different value at different times






47. Per annum - yearly






48. The unexpected variablility of returns






49. An inventory costing method that assigns the most recent costs to ending inventory






50. A decrease in price or value







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Can you answer 50 questions in 15 minutes?


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