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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. When several percentages occur in successions.
Break Even Point
Compounded
numerator
collateral
2. The number to be divided by
dividend
maximum
Cost control
p.a.
3. Indicators of the confidence investors have in a company (the higher the better)
E.O.M
price earnings ratios
amortization period
foreign currency exchange
4. The money paid to an employee based on a percentage of their sales
variable cost
sales commission
compounded annually
physical inventory
5. Money earned on an investment or paid on a loan
perpetual inventory
desired yield
chain discounts
interest
6. The highest number in a group of data
percent sign
maximum
standard portion cost
proportion
7. The majority of the early payments go toward paying the interest on the loan
yield percentage
cross-footing
physical inventory
front-loaded
8. Provide a specific dividend that is paid before any dividends are paid to common stock holders
overhead cost
production sheet
complete enumeration survey
preference shares
9. Used when the each piece of data has more than one component
percentage points
multiplier
weighted average
range
10. The amount that can actually be eaten - after trimming and cooking
price earnings ratios
coupon
front-loaded
edible portion (EP) amount
11. A cost that rises or falls depending on how much is produced
population
default
variable cost
low risk investment
12. Per annum - yearly
physical inventory
p.a.
forecasting
overtime
13. You may get a large return or get nothing
standard employee hours
high risk investment
perishable
data
14. Discounts offered to encourage customers to pay their bills on time
compounded monthly
break even point
cash discounts
operational plan
15. A percentage discount for buyers associated with the products being sold
define:money factor
Proportion
term
trade discount
16. Inside numbers in a ratio.
perishable
yield percentage
Means
sensitivity analysis
17. 1 ounce or less per guest
data
variable
standard employee hours
standard portion size
18. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
Ratio Analysis
organization chart
Current Ratio
standardized recipe
19. A series of discounts
Gram
employee turnover
chain discounts
preference shares
20. A measure of how many times the value of the inventory is sold in one year.
Inventory Turnover
loan
variable costs
capital cost allowance
21. A rate that one currency can be exchanged for another
break even point
lessee
amortization schedule
foreign currency exchange
22. An itemized statement of money owed for goods shipped or services rendered
foreign currency exchange
sales commission
invoice
retired or amortized
23. Cost of the an item/# of portions it contains.
cooking loss test
standard portion cost
Ratio
compounded daily
24. A complete set of individuals - objects or scores being studied
perpetual inventory
minimum
population
average cover formula
25. Of one hundred
percent
FIFO method
Trade Credit
Liquidity of Assets
26. The new percent obtained by subtracting the change percent from 100%.
Liter
standard employee hours
what are the two types of interest
Complement
27. The person paying to borrow property for a certain amount of time for payments
purchase specification
lessee
lease
variable
28. When an item is discounted or less than the original price
directs
per diem
Percent
on sale
29. Systematic recording of all sales achieved during a predetermined time period
invoice
sales history
bottom line figures
Net Price
30. The length of time until the debt is zero
purchase specification
discount
semi variable cost
amortization period
31. A person who is tricked or swindled
bonds
loan
dupe
Base
32. The number you are multipliying by
real property
mode
dividend
multiplier
33. Thousandth
real property
Milli-
perpetual inventory
parameter
34. Basic unit of volume in the metric system
range
foreign currency exchange
Liter
compounded quarterly
35. The number by which a dividend is divided
Trade Credit
Divisor
Average Collection Turnover
variable cost
36. Way to measure amount of product shrinkage during cooking/roasting process
cooking loss test
Average Collection Turnover
overtime
Break Even Point
37. The interest amount is small - but you are guaranteed to get something
Direct variable cost
perishable
cover
low risk investment
38. The lender
sales tax
mortgagee
requisition
operational plan
39. A decimal system of weights and measures based on the meter and the kilogram and the second
Subtotal
Gram
Metric system
medium risk investment
40. Number calculated from population data
parameter
investment
Means
invoice
41. The original cost of an item
List price
Divisor
Compounded
weighted average
42. Second term in a ratio.
variable costs
overhead cost
Consequent
compounded sem-annually
43. Identifies short-term activities to implement strategic plans
operational plan
fixed costs
price earnings ratios
lease
44. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.
percentage points
yield percentage
trade discount
Current Assets
45. The info collected from a survey and the figures generated through statistical analysis
data
invoice
Metric system
Break Even Point
46. Sheet that lists all menu items that are going - to be prepared for a given date
investment
bottom line figures
conventional mortgage
production sheet
47. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.
popularity index
percent sign
percentage points
variable costs
48. A chart showing the lines of responsibility between departments of a large organization
constant
minimum
organization chart
investment
49. Two equivalent ratios joined by an equal sign.
Proportion
edible portion (EP) amount
invoice
compounded annually
50. Money given to someone on condition the person will return the money and interest by a specific date
what are the two types of interest
perishable
variable
loan