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






2. You may get a large return or get nothing






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






4. Number calculated from population data






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






6. A portion of the population being studied






7. Keeping budgeted costs as close as possible to actual costs.






8. When several percentages occur in successions.






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






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






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






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






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






14. End of month.






15. Get temporarily






16. The number of sales / number of covers






17. To not spend






18. Paid in full






19. V = pir2h






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






21. The number to be divided by






22. A number to be divided by another number






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






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






25. Costs that fluctuate






26. To take away from the original cost of something






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






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






29. Liable to perish






30. The highest number in a group of data






31. Security for a loan






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






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






34. Interest calculated on the principal plus any accumulated interest






35. Parts of a whole number






36. The number you are dividing by






37. The number by which a dividend is divided






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






39. Per annum - yearly






40. The amount of money borrowed is between 75% - 95% of the purchase price






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






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






43. 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.






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






45.






46. A person who is tricked or swindled






47. The point at which you stop losing money.






48. Inside numbers in a ratio.






49. The owner of the property






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