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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. Of one hundred
collateral
percent
loan
Rate
2. The number by which a dividend is divided
Divisor
standardized recipe
Antecedent
cash flow
3. A comparison of two numbers
variable cost
directs
operational plan
ratio
4. Share of the profits of a company
Milli-
dividend
Volume Formula
Current Ratio
5. Money earned on an investment or paid on a loan
Current Assets
interest
operational plan
Compounded
6. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.
what are the two main types of shares
assets
forecasting
percent sign
7. The number to be divided by
capital cost allowance
p.a.
percent sign
dividend
8. Commission fee - inflation rate - capital gains tax
shares
invoice
FIFO method
what are the three items that may have to be subracted from the gross return figure when calculating net return
9. Shows the assets - liabilities and financial position of the company
perishable
Cone Volume
divisor
balance sheet
10. Direct materials cost plus direct labor cost.
personal property
medium risk investment
lessee
prime cost
11. Percentage of the list price.
Average Daily Sales
Conversion factor
Trade Discount
yield percentage
12. A percentage discount to customers
two methods calculators use to process information
mortgagor
special discounts
Compounded
13. Get temporarily
Break Even Point Formula
Borrow
minimum
interest
14. A cost that does not change - no matter how much of a good is produced
Direct variable cost
Fixed cost
median
Cost
15. The depreciation of an asset as an expense
requisition
capital cost allowance
desired yield
E.O.M
16. Number calculated from population data
Means
risk
high-ratio mortgage
parameter
17. An item of data that has a different value at different times
price earnings ratios
prime cost
Denominator
variable
18. A decimal system of weights and measures based on the meter and the kilogram and the second
degree celsius
standardized recipe
Metric system
compounded quarterly
19. Used often by business management to analyze the financial position of the business.
Dividend
Ratio Analysis
sales tax
invoice
20. The difference between the highest and lowest numbers in a set of data
requisition
loan
what are the two main types of shares
range
21. Interest is paid once a year
compounded annually
lessor
what are the two main types of shares
conventional mortgage
22. Interest is paid twice a year
Break Even Point
Cube Volume
mortgagee
compounded sem-annually
23. Money charged by the government and added to the original price of an item
sales tax
Liquidity of Assets
Denominator
standard employee hours
24. Be sufficient to meet - defray - or offset the charge or cost of
Liquidity of Assets
dividend
cover
Complement
25. Cost associated with fixed expenses such as rent - debt service and administration.
overhead cost
Extremes
E.O.M
cover
26. Per day
per diem
mode
desired yield
variable cost
27. One thousand grams - thousand
Kilo-
Complement
default
part
28. The most frequently occuring value in a group of data
mode
Current Assets
Consequent
constant
29. The original cost of an item
overtime
List price
Base
Cost
30. Liable to perish
peak hours
mode
perishable
foreclosure
31. Will not decay or rot
E.O.M
nonperishable
bonds
real property
32. A number to be divided by another number
peak hours
Dividend
range
standard portion cost
33. Electronic - portable (pocket) - computer - spreadsheets
identify the four helpful calculating tools
percent sign
compounded interest
on sale
34. V = pir2h
percent sign
average cover formula
Cylinder Volume
multiplicand
35. Per annum - yearly
Cone Volume
p.a.
variable
high risk investment
36. V = e 3
Proportion
Cube Volume
compounded sem-annually
special discounts
37. A percentage discount for buyers associated with the products being sold
p.a.
trade discount
break even point
production sheet
38. Interest is paid four times a year
multiplicand
lessor
compounded quarterly
Trade Credit
39. Total annual sales/365
Average Daily Sales
standard portion cost
perishable
income statement
40. An actual count of merchandise to determine the exact quantity on hand is referred to as a(n) .
directs
invoice
physical inventory
yield percentage
41. A paper that entitles the holder to a discount on a particular item
multiplier
collateral
coupon
interest
42. Outside numbers in a ratio.
Extremes
edible portion (EP) amount
two methods calculators use to process information
constant
43. Preference and common
Rate
percent
mortgagee
what are the two main types of shares
44. Amount of money coming in and going out of your business monthly
organization chart
cash flow
Milli-
degree celsius
45. Interest calculated on the principal plus any accumulated interest
variable
real property
compounded interest
Compounded
46. 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
Quick Ratio
variable cost
Conversion factor
Base
47. The ratio of the number of workers that had to be replaced in a given time period to the average number of workers
employee turnover
foreclosure
standard employee hours
ratio
48. A decimal figure when x by 2400 gives an approximate annual interest rate
interest
define:money factor
Volume Formula
Percent
49. Costs that fluctuate
mode
percent sign
variable costs
Volume Formula
50. The lowest number in a group of data
Average Collection Turnover
minimum
income statement
Cone Volume
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