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. The price after any down-payment or trade-in
net capitalized cost
coupon
identify the four helpful calculating tools
capital cost allowance
2. 3am or 4am when most people are in a deep sleep.
average cover formula
risk
define:money factor
peak hours
3. Discounts offered to encourage customers to pay their bills on time
Liquidity of Assets
cash discounts
numerator
Net Price
4. Manages; guides; controls; commands; tells or shows the way
Consequent
lessor
directs
Complement
5. The number of sales / number of covers
average cover formula
Extremes
operational plan
compounded annually
6. The majority of the early payments go toward paying the interest on the loan
front-loaded
cover
coupon
operational plan
7. Paid dividends after the preference shares have been paid
high-ratio mortgage
compounded interest
common shares
constant
8. An item of data that has a different value at different times
variable
standard portion cost
Rate
low risk investment
9. Amounts of money you owe
liabilities
edible portion (EP) amount
Quick Ratio
personal property
10. The info collected from a survey and the figures generated through statistical analysis
mode
semi variable cost
data
sensitivity analysis
11. The point at which you stop losing money.
maximum
Break Even Point
collateral
front-loaded
12. Accounts receivable/ average daily sales
Average Collection Turnover
mortgage
peak hours
percent
13. Scaling factor based on yield
chain discounts
desired yield
Metric system
what are the two main types of shares
14. The length of the loan
population
nonperishable
Net Price
term
15. Interest is paid twice a year
discount
front-loaded
dividend
compounded sem-annually
16. Provide a specific dividend that is paid before any dividends are paid to common stock holders
fixed costs
dupe
deci-
preference shares
17. Get temporarily
Borrow
front-loaded
foreclosure
bonds
18. Special hours of work regulations in several industries exempt or set different standards for certain employees
foreclosure
high risk investment
standard employee hours
production sheet
19. Security for a loan
real property
collateral
compounded interest
Means
20. The property of having material worth (often indicated by the amount of money something would bring if sold)
Cost
invoice
chain discounts
average cover formula
21. The borrower
lease
Cone Volume
mortgagor
break even point
22. An actual count of merchandise to determine the exact quantity on hand is referred to as a(n) .
statistic
physical inventory
Rate
bonds
23. Merchandise inventory determined by keeping a continuous record of increases - decreases - and balance on hand
production sheet
bonds
perpetual inventory
Liter
24. Cost of the an item/# of portions it contains.
on sale
standard portion cost
yield percentage
FIFO method
25. End of month.
invoice
Ratio
E.O.M
net capitalized cost
26. A metric unit of weight equal to one thousandth of a kilogram
median
Gram
front-loaded
employee turnover
27. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'
degree celsius
maximum
cover
Percent
28. Interest calculated on the principal plus any accumulated interest
Depreciation
Milli-
compounded interest
lessee
29. Amount of money coming in and going out of your business monthly
Direct variable cost
assets
cash flow
forecasting
30. N. items or materials needed for something such as a business - expedition - or vessel
stores
Milli-
default
special discounts
31. The score that falls in the middle
mortgagee
Liquidity of Assets
median
standard employee hours
32. The final figures
identify the four helpful calculating tools
bottom line figures
constant
sensitivity analysis
33. Something that is expected to return a profit
investment
maximum
Base
sales commission
34. The point where income and expenses intersect (no loss or profit)
default
break even point
Complement
standard employee hours
35. The amount the property is worth at the end of the lease
assets
Dividend
dividend
residual value
36. Direct materials cost plus direct labor cost.
perishable
average wholesale price AWP
prime cost
Trade Credit
37. Time worked beyond the established working hours
mode
overtime
risk
degree celsius
38. You may get a large return or get nothing
what are the two types of interest
Cost
high risk investment
Metric system
39. Investing in a well-established company
term
medium risk investment
range
loan
40. First term in a ratio.
nonperishable
Antecedent
what are the two main types of shares
save
41. The difference between the highest and lowest numbers in a set of data
stores
range
Subtotal
discount
42. Systematic recording of all sales achieved during a predetermined time period
variable costs
requisition
sales history
net capitalized cost
43. V = 1/3 pir2h
compounded quarterly
common shares
range
Cone Volume
44. A decimal system of weights and measures based on the meter and the kilogram and the second
operational plan
Cost control
capital cost allowance
Metric system
45. The lowest number in a group of data
part
Break Even Point
break even point
minimum
46. Percentage of the list price.
front-loaded
Trade Discount
lessor
real property
47. 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
interest
Average Collection Turnover
Cost control
Conversion factor
48. The amount that can actually be eaten - after trimming and cooking
Trade Credit
edible portion (EP) amount
high-ratio mortgage
sensitivity analysis
49. Part ownership in a company
employee turnover
what are the two main types of shares
mortgagee
shares
50. The process of repossessing and selling the real or personal property when the borrower has defaulted
high-ratio mortgage
median
Ratio Analysis
foreclosure