SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. A chart showing the lines of responsibility between departments of a large organization
Kilo-
organization chart
Dividend
popularity index
2. Cost of the an item/# of portions it contains.
standard portion cost
operational plan
minimum
ratio
3. A way of expressing a change from an original amount to a new amount without using a percentage sign.
foreclosure
peak hours
Consequent
percentage points
4. Identifies short-term activities to implement strategic plans
operational plan
cross multiply
complete enumeration survey
physical inventory
5. Direct materials cost plus direct labor cost.
medium risk investment
prime cost
minimum
special discounts
6. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.
percent sign
semi variable cost
cross-footing
FIFO method
7. A bill
invoice
Trade Credit
define:money factor
retired or amortized
8. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
standardized recipe
high risk investment
compounded daily
trade discount
9. Costs that remain constant
invoice
sensitivity analysis
proportion
fixed costs
10. Something that is expected to return a profit
degree celsius
investment
Depreciation
Direct variable cost
11. When an item is discounted or less than the original price
on sale
Compounded
Kilo-
Average Collection Turnover
12. A statement made about the future
real property
compounded quarterly
maximum
forecasting
13. The price paid after the trade discount has been subtracted.
price earnings ratios
minimum
Milli-
Net Price
14. A percentage discount to customers
complete enumeration survey
weighted average
employee turnover
special discounts
15. The process of repossessing and selling the real or personal property when the borrower has defaulted
overhead cost
peak hours
cooking loss test
foreclosure
16. 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.
Dividend
Rate
p.a.
identify the four helpful calculating tools
17. Per day
conventional mortgage
desired yield
compounded monthly
per diem
18. Turning assets into cash.
investment
special discounts
Liquidity of Assets
bonds
19. The first number
capital cost allowance
multiplicand
low risk investment
compounded monthly
20. Deciding if its worth the risk
peak hours
Current Ratio
sensitivity analysis
population
21. Amounts of money you owe
coupon
Lowest common denominator
Means
liabilities
22. The variable of the percentage formula that represents a part of the base.
part
term
Average Collection Turnover
collateral
23. When several percentages occur in successions.
employee turnover
Ratio
Compounded
risk
24. Get temporarily
Borrow
compounded monthly
degree celsius
maximum
25. Time worked beyond the established working hours
degree celsius
cross-footing
overtime
Proportion
26. The length of the loan
term
Denominator
capital cost allowance
investment
27. V = 1/3 pir2h
Cone Volume
on sale
retired or amortized
Average Collection Turnover
28. Adding columns of figures horizontally and vertically to check that the totals agree
requisition
percentage points
risk
cross-footing
29. The smallest number - other than zero - that can be the denominator for two or more common fractions
Extremes
Lowest common denominator
Break Even Point Formula
standardized recipe
30. A complete set of individuals - objects or scores being studied
population
interest
Conversion factor
low risk investment
31. Allows you to buy merchandise from a supplier and pay at a later - specified date.
Trade Credit
peak hours
price earnings ratios
lessor
32. The score that falls in the middle
p.a.
median
Liquidity of Assets
percentage points
33. Total annual sales/365
Average Daily Sales
save
Volume Formula
Break Even Point Formula
34. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)
constant
Antecedent
Meter
term
35. Be sufficient to meet - defray - or offset the charge or cost of
E.O.M
multiplicand
cover
what are the two main types of shares
36. Accounts receivable/ average daily sales
mean
variable
Average Collection Turnover
price earnings ratios
37. Property other than real estate (often called a chattel mortgage)
loan
personal property
mortgagor
Cube Volume
38. Cash + receivables/ current liabilities.
dividend
Liquidity of Assets
Quick Ratio
residual value
39. The borrower
prime cost
mortgagor
front-loaded
mortgagee
40. Suggested Retail Price
amortization period
List Price
investment
edible portion (EP) amount
41. The money paid to an employee based on a percentage of their sales
sales commission
lessee
perishable
Ratio Analysis
42. 1 ounce or less per guest
sample
amortization schedule
standard portion size
extention
43. Indicators of the confidence investors have in a company (the higher the better)
price earnings ratios
Borrow
semi variable cost
Milli-
44. The property of having material worth (often indicated by the amount of money something would bring if sold)
Cost
cross multiply
coupon
Denominator
45. Algebraic - arithmetic
two methods calculators use to process information
deci-
common shares
Subtotal
46. A portion of the population being studied
sample
loan
proportion
degree celsius
47. Outside numbers in a ratio.
Extremes
variable costs
mean
mortgagee
48. The depreciation of an asset as an expense
deci-
foreign currency exchange
discount
capital cost allowance
49. Interest is paid twice a year
compounded sem-annually
Meter
lessor
mode
50. The divisor of a fraction
amortization schedule
Denominator
define:money factor
compounded daily