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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. To not spend
deci-
save
cover
what are the two types of interest
2. A loan
mortgage
Complement
what are the two types of interest
Means
3. A number calculated from sample data
constant
mortgage
statistic
bottom line figures
4. The total of units multiplied by the price
List price
Centi-
extention
compounded monthly
5. 0.01 - 1/100 - hundredth
Centi-
degree celsius
trade discount
preference shares
6. Cash + receivables/ current liabilities.
Complement
Quick Ratio
extention
high risk investment
7. Number calculated from population data
dividend
parameter
cash flow
invoice
8. Property other than real estate (often called a chattel mortgage)
compounded quarterly
Break Even Point Formula
personal property
Complement
9. Second term in a ratio.
percent
overhead cost
term
Consequent
10. Two equivalent ratios joined by an equal sign.
Cylinder Volume
Proportion
cash flow
average cover formula
11. A person who is tricked or swindled
Kilo-
dupe
Cube Volume
Liter
12. Non-payment
Liquidity of Assets
compounded daily
fractions
default
13. Cost associated with fixed expenses such as rent - debt service and administration.
preference shares
Complement
complete enumeration survey
overhead cost
14. A number to be divided by another number
collateral
percent
common shares
Dividend
15. The most frequently occuring value in a group of data
sales tax
variable cost
residual value
mode
16. Thousandth
Average Collection Turnover
Volume Formula
overtime
Milli-
17. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'
Subtotal
sales commission
Percent
E.O.M
18. Be sufficient to meet - defray - or offset the charge or cost of
cover
Centi-
physical inventory
overtime
19. When two ratios are equal
proportion
peak hours
complete enumeration survey
standardized recipe
20. Money given to someone on condition the person will return the money and interest by a specific date
compounded quarterly
mode
bonds
loan
21. The divisor of a fraction
Denominator
range
simple interest
Lowest common denominator
22. The lowest number in a group of data
Liter
capital cost allowance
minimum
Ratio Analysis
23. Things you own
assets
Cost control
Means
operational plan
24. Allows you to buy merchandise from a supplier and pay at a later - specified date.
Trade Credit
special discounts
Break Even Point
trade discount
25. A decimal system of weights and measures based on the meter and the kilogram and the second
overhead cost
cross multiply
Metric system
residual value
26. The length of the loan
parameter
Rate
term
invoice
27. The amount of money borrowed is less than 75% of the purchase price
low risk investment
conventional mortgage
List price
percent sign
28. A decimal figure when x by 2400 gives an approximate annual interest rate
divisor
compounded annually
Cube Volume
define:money factor
29. 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
Cylinder Volume
save
cross-footing
30. Percentage of the list price.
popularity index
Trade Discount
personal property
directs
31. The property of having material worth (often indicated by the amount of money something would bring if sold)
net capitalized cost
Base
Cost
Trade Discount
32. The final figures
bottom line figures
save
Net Price
sample
33. Special hours of work regulations in several industries exempt or set different standards for certain employees
amortization period
Proportion
common shares
standard employee hours
34. End of month.
sample
popularity index
dupe
E.O.M
35. The number of sales / number of covers
cross-footing
high-ratio mortgage
what are the two main types of shares
average cover formula
36. Used when the each piece of data has more than one component
break even point
maximum
weighted average
Volume Formula
37. To take away from the original cost of something
price earnings ratios
discount
population
variable costs
38. Paid in full
proportion
Net Price
compounded sem-annually
retired or amortized
39. Inside numbers in a ratio.
Means
personal property
Metric system
maximum
40. Interest is paid 365 times a year
compounded daily
Meter
part
Average Collection Turnover
41. Shows the assets - liabilities and financial position of the company
percent
mortgagor
balance sheet
Cylinder Volume
42. The process of repossessing and selling the real or personal property when the borrower has defaulted
Trade Discount
percentage points
foreclosure
organization chart
43. Amounts of money you owe
liabilities
sensitivity analysis
perpetual inventory
Ratio
44. Interest is paid twice a year
compounded sem-annually
Consequent
dividend
Milli-
45. Simple and compound
loan
Quick Ratio
what are the two types of interest
p.a.
46. Electronic - portable (pocket) - computer - spreadsheets
identify the four helpful calculating tools
proportion
numerator
investment
47. A paper that entitles the holder to a discount on a particular item
coupon
lease
conventional mortgage
Average Daily Sales
48. Of one hundred
Extremes
average wholesale price AWP
percent
divisor
49. Deciding if its worth the risk
sensitivity analysis
cooking loss test
balance sheet
compounded annually
50. Interest calculated on the principle
lease
overtime
standard portion cost
simple interest
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