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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. Inside numbers in a ratio.






2. Paid dividends after the preference shares have been paid






3. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'






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






5. A measure of the number of days needed to collect accounts receivable.






6. The first number






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






8. Indicators of the confidence investors have in a company (the higher the better)






9. Interest is paid twelve times a year






10. Total amount before another amount is added or subtracted






11. The number of sales / number of covers






12. Time worked beyond the established working hours






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






14. Per day






15. Seizing property that belongs to someone else and holding it until profits pay the demand for which it was seized






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






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






18. Deciding if its worth the risk






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






20. Tenth - .1






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






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






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






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






25. The borrower






26. Simple and compound






27. Those which can be directly attributable to the production of a particular product or service and allocated to a particular cost centre.






28. An itemized statement of money owed for goods shipped or services rendered






29. Interest is paid once a year






30. Turning assets into cash.






31. Preference and common






32. The number to be divided by






33. Parts of a whole number






34. The number by which a dividend is divided






35. A comparison of two numbers






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






37. Suggested Retail Price






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






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






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






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






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






43. An item of data the stays the same






44. A series of discounts






45. A portion of the population being studied






46. Current assets/ current liabilities






47. The depreciation of an asset as an expense






48. Outside numbers in a ratio.






49. Share of the profits of a company






50. Total fixed costs/ selling price-variable cost