Test your basic knowledge |

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. The number you are multipliying by






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






3. The number to be divided by






4. When several percentages occur in successions.






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






6. Total annual sales/365






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






8. The highest number in a group of data






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






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






11. 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.






12. The number you are dividing by






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






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






15. End of month.






16. Suggested Retail Price






17. You may get a large return or get nothing






18. Interest calculated on the principle






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






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






21. Cash + receivables/ current liabilities.






22. First term in a ratio.






23. A number calculated from sample data






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






25. Interest is paid once a year






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






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






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






29. More than one frequently occuring value in a group of data






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






31. Preference and common






32. Total amount before another amount is added or subtracted






33. Get temporarily






34. Interest calculated on the principal plus any accumulated interest






35. A number to be divided by another number






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






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






38. Things you own






39. 1 ounce or less per guest






40. Interest is paid 365 times a year






41. The money paid to an employee based on a percentage of their sales






42. Of one hundred






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






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






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






46. Investing in a well-established company






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






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






49. An item of data the stays the same






50. The variable of the percentage formula that represents a part of the base.