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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. V = 1/3 pir2h
proportion
Percent
Cone Volume
what are the two types of interest
2. Manages; guides; controls; commands; tells or shows the way
directs
preference shares
Complement
retired or amortized
3. Part ownership in a company
compounded quarterly
shares
perpetual inventory
fixed costs
4. Interest calculated on the principle
preference shares
simple interest
Meter
real property
5. One thousand grams - thousand
Kilo-
range
compounded interest
semi variable cost
6. The number you are multipliying by
Current Assets
multiplier
dupe
Lowest common denominator
7. Percentage of the list price.
Dividend
high risk investment
Trade Discount
overtime
8. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)
Means
Average Collection Turnover
Extremes
Meter
9. A cost that rises or falls depending on how much is produced
data
standard portion cost
variable cost
default
10. Interest calculated on the principal plus any accumulated interest
conventional mortgage
retired or amortized
compounded interest
statistic
11. A percentage discount to customers
organization chart
special discounts
sales tax
low risk investment
12. Seizing property that belongs to someone else and holding it until profits pay the demand for which it was seized
requisition
what are the three items that may have to be subracted from the gross return figure when calculating net return
identify the four helpful calculating tools
what are the two types of interest
13. 3am or 4am when most people are in a deep sleep.
break even point
peak hours
Subtotal
sales commission
14. Total amount before another amount is added or subtracted
Subtotal
collateral
Ratio Analysis
Lowest common denominator
15. The difference between the highest and lowest numbers in a set of data
range
multiplier
divisor
net capitalized cost
16. Interest is paid once a year
minimum
what are the three items that may have to be subracted from the gross return figure when calculating net return
bottom line figures
compounded annually
17. Inside numbers in a ratio.
Liter
Extremes
Means
collateral
18. The ratio of the number of workers that had to be replaced in a given time period to the average number of workers
cooking loss test
employee turnover
invoice
Antecedent
19. Non-payment
fixed costs
degree celsius
default
Average Collection Turnover
20. A number to be divided by another number
invoice
sales history
interest
Dividend
21. You may get a large return or get nothing
high risk investment
bottom line figures
percent sign
yield percentage
22. The original cost of an item
percent sign
yield percentage
List price
physical inventory
23. Time worked beyond the established working hours
Meter
cover
overtime
variable
24. A way of expressing a change from an original amount to a new amount without using a percentage sign.
Rate
compounded interest
percentage points
special discounts
25. The process of repossessing and selling the real or personal property when the borrower has defaulted
prime cost
foreclosure
Subtotal
mortgagor
26. Cash or assets that can quickly be converted into cash.
high-ratio mortgage
balance sheet
Current Assets
dupe
27. The number you are dividing by
Current Assets
amortization period
stores
divisor
28. A contract giving someone the right to use something for a certain length of time
lease
interest
simple interest
percentage points
29. Interest is paid twelve times a year
directs
stores
Antecedent
compounded monthly
30. The new percent obtained by subtracting the change percent from 100%.
Cone Volume
compounded sem-annually
sample
Complement
31. The divisor of a fraction
average wholesale price AWP
amortization schedule
Denominator
population
32. Two equivalent ratios joined by an equal sign.
edible portion (EP) amount
Proportion
Base
peak hours
33. The price paid after the trade discount has been subtracted.
compounded quarterly
perishable
Net Price
popularity index
34. The first number
Ratio Analysis
peak hours
maximum
multiplicand
35. Per annum - yearly
p.a.
cross multiply
Break Even Point
List price
36. The most frequently occuring value in a group of data
invoice
mode
deci-
Metric system
37. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.
price earnings ratios
perishable
numerator
yield percentage
38. The majority of the early payments go toward paying the interest on the loan
fractions
front-loaded
average wholesale price AWP
retired or amortized
39. 0.01 - 1/100 - hundredth
common shares
Fixed cost
Centi-
mean
40. End of month.
Extremes
E.O.M
lease
what are the two main types of shares
41. Cost associated with fixed expenses such as rent - debt service and administration.
overhead cost
variable cost
Rate
Kilo-
42. The variable of the percentage formula that represents 100% - or the whole thing.
income statement
numerator
retired or amortized
Base
43. A complete set of individuals - objects or scores being studied
population
assets
invoice
variable costs
44. Keeping budgeted costs as close as possible to actual costs.
Cost control
Trade Discount
mode
percent sign
45. Total annual sales/365
peak hours
Quick Ratio
Average Daily Sales
FIFO method
46. The info collected from a survey and the figures generated through statistical analysis
weighted average
semi variable cost
data
directs
47. A decrease in price or value
Depreciation
degree celsius
compounded annually
net capitalized cost
48. The amount the property is worth at the end of the lease
Ratio Analysis
residual value
median
Rate
49. Interest is paid twice a year
deci-
compounded sem-annually
Consequent
sales tax
50. Liable to perish
lease
perishable
per diem
high-ratio mortgage