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Test your basic knowledge |
DSST Business Math Vocab
Start Test
Study First
Subjects
:
dsst
,
math
,
business-skills
,
business-math
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 new percent obtained by subtracting the change percent from 100%.
discount
standardized recipe
Complement
Base
2. A decimal system of weights and measures based on the meter and the kilogram and the second
assets
Break Even Point
Metric system
weighted average
3. A number calculated from sample data
cover
statistic
identify the four helpful calculating tools
Base
4. A paper that entitles the holder to a discount on a particular item
coupon
Average Collection Turnover
amortization period
peak hours
5. The depreciation of an asset as an expense
yield percentage
break even point
capital cost allowance
Liquidity of Assets
6. The difference between the highest and lowest numbers in a set of data
invoice
Trade Credit
average wholesale price AWP
range
7. Real estate (houses - condos - warehouses - factories - etc)
Lowest common denominator
cash discounts
real property
multiplicand
8. The info collected from a survey and the figures generated through statistical analysis
personal property
operational plan
overtime
data
9. Deciding if its worth the risk
save
compounded daily
sensitivity analysis
Milli-
10. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
standardized recipe
bonds
degree celsius
multiplicand
11. Outside numbers in a ratio.
cross-footing
Cone Volume
Extremes
standardized recipe
12.
degree celsius
parameter
Cost
amortization schedule
13. The first number
Direct variable cost
multiplicand
Inventory Turnover
Dividend
14. End of month.
E.O.M
proportion
what are the two main types of shares
List price
15. The point at which you stop losing money.
Cube Volume
part
Break Even Point
Base
16. Share of the profits of a company
dividend
real property
price earnings ratios
part
17. The number you are multipliying by
price earnings ratios
multiplier
sensitivity analysis
sales commission
18. A percentage discount for buyers associated with the products being sold
Depreciation
conventional mortgage
cross multiply
trade discount
19. A percentage discount to customers
special discounts
sales commission
Average Collection Turnover
semi variable cost
20. Non-payment
default
mortgage
standard portion size
organization chart
21. Cost associated with fixed expenses such as rent - debt service and administration.
sales history
prime cost
Current Ratio
overhead cost
22. 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.
Rate
prime cost
sales history
range
23. Per day
per diem
Means
Cube Volume
median
24. Costs that fluctuate
variable costs
loan
mean
stores
25. Interest is paid once a year
standard portion size
two methods calculators use to process information
E.O.M
compounded annually
26. The total of units multiplied by the price
numerator
extention
perishable
fractions
27. When several percentages occur in successions.
Compounded
define:money factor
Percent
invoice
28. Simple and compound
net capitalized cost
overtime
standard portion size
what are the two types of interest
29. Per annum - yearly
stores
cooking loss test
p.a.
net capitalized cost
30. Factor by which a quantity that is expressed in one set of units must be multiplied in order to convert it into another set of units
Conversion factor
mode
invoice
conventional mortgage
31. Costs that remain constant
deci-
Volume Formula
fixed costs
p.a.
32. One thousand grams - thousand
Kilo-
front-loaded
compounded sem-annually
sensitivity analysis
33. The length of the loan
net capitalized cost
percent
term
identify the four helpful calculating tools
34. Liable to perish
define:money factor
perishable
Denominator
low risk investment
35. Inside numbers in a ratio.
Means
Average Collection Turnover
foreign currency exchange
organization chart
36. A series of discounts
Conversion factor
retired or amortized
Average Daily Sales
chain discounts
37. The amount of money borrowed is between 75% - 95% of the purchase price
List price
high-ratio mortgage
nonperishable
Depreciation
38. The number to be divided by
dividend
Average Daily Sales
trade discount
Cone Volume
39. The price after any down-payment or trade-in
Average Collection Turnover
physical inventory
net capitalized cost
cash flow
40. The number of sales / number of covers
simple interest
special discounts
average cover formula
on sale
41. The person paying to borrow property for a certain amount of time for payments
Ratio
lessee
trade discount
organization chart
42. Paid dividends after the preference shares have been paid
identify the four helpful calculating tools
common shares
statistic
investment
43. Interest is paid twice a year
peak hours
compounded sem-annually
lease
percent
44. Thousandth
standard portion cost
Proportion
invoice
Milli-
45. Total amount before another amount is added or subtracted
Subtotal
discount
collateral
proportion
46. Be sufficient to meet - defray - or offset the charge or cost of
cover
Trade Discount
compounded quarterly
desired yield
47. Turning assets into cash.
Liquidity of Assets
Conversion factor
List Price
standard portion cost
48. Total fixed costs/ selling price-variable cost
compounded monthly
variable cost
cross-footing
Break Even Point Formula
49. Electronic - portable (pocket) - computer - spreadsheets
identify the four helpful calculating tools
mortgage
sample
employee turnover
50. Used when the each piece of data has more than one component
invoice
weighted average
statistic
simple interest
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