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






2. Part ownership in a company






3. Discounts offered to encourage customers to pay their bills on time






4. The owner of the property






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






6. Things you own






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






8. Outside numbers in a ratio.






9. Interest is paid 365 times a year






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






11. The new percent obtained by subtracting the change percent from 100%.






12. The number by which a dividend is divided






13. Costs that remain constant






14. Get temporarily






15. A cost that does not change - no matter how much of a good is produced






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






17. Interest is paid twice a year






18. Interest calculated on the principle






19. Interest calculated on the principal plus any accumulated interest






20. V = 1/3 pir2h






21. # of servings of an item / total number of servings of all items in that category each day






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






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






24. Turning assets into cash.






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






26. A number calculated from sample data






27. The number to be divided by






28. Time worked beyond the established working hours






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






30. When two ratios are equal






31. A portion of the population being studied






32. A loan






33. Compares two numbers or quantities by using division.






34. Real estate (houses - condos - warehouses - factories - etc)






35. Security for a loan






36. Commission fee - inflation rate - capital gains tax






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






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






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






40. Per annum - yearly






41. 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.






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






43. The length of time until the debt is zero






44. V = pir2h






45.






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






47. Liable to perish






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






49. A bill






50. Deciding if its worth the risk