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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 take away from the original cost of something
Average Collection Turnover
mortgage
define:money factor
discount
2. Liable to perish
perishable
special discounts
Net Price
foreclosure
3. Sheet that lists all menu items that are going - to be prepared for a given date
part
perpetual inventory
production sheet
popularity index
4. V=lwh
compounded sem-annually
Volume Formula
compounded interest
range
5. The most frequently occuring value in a group of data
mode
default
real property
trade discount
6. A comparison of two numbers
Volume Formula
Complement
define:money factor
ratio
7. The majority of the early payments go toward paying the interest on the loan
bottom line figures
standard portion size
Cost control
front-loaded
8. The variable of the percentage formula that represents a part of the base.
part
income statement
simple interest
compounded quarterly
9. Paid in full
Liquidity of Assets
foreign currency exchange
retired or amortized
bottom line figures
10. The amount of money borrowed is between 75% - 95% of the purchase price
compounded sem-annually
cross-footing
invoice
high-ratio mortgage
11. The new percent obtained by subtracting the change percent from 100%.
Centi-
Complement
lease
sales history
12. A percentage discount for buyers associated with the products being sold
preference shares
operational plan
trade discount
Divisor
13. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
compounded sem-annually
compounded monthly
standardized recipe
bottom line figures
14. Suggested Retail Price
shares
requisition
real property
List Price
15. (simple average) adding the group of items and dividing by the total number of items
constant
data
mean
Direct variable cost
16. Scaling factor based on yield
Compounded
desired yield
lessor
standard portion cost
17. Interest is paid four times a year
employee turnover
Divisor
compounded quarterly
percent
18. Per day
Percent
cash flow
real property
per diem
19. Merchandise inventory determined by keeping a continuous record of increases - decreases - and balance on hand
perpetual inventory
sensitivity analysis
variable
purchase specification
20. A contract giving someone the right to use something for a certain length of time
dupe
mortgagee
lease
sales history
21. An item of data the stays the same
Antecedent
bonds
Conversion factor
constant
22. The divisor of a fraction
minimum
perishable
Denominator
amortization schedule
23. The unexpected variablility of returns
minimum
dividend
risk
Meter
24. Thousandth
percent sign
Milli-
overhead cost
Gram
25. Allows you to buy merchandise from a supplier and pay at a later - specified date.
Trade Credit
Cost
standard portion size
chain discounts
26. The smallest number - other than zero - that can be the denominator for two or more common fractions
cross multiply
ratio
Lowest common denominator
edible portion (EP) amount
27. The process of repossessing and selling the real or personal property when the borrower has defaulted
retired or amortized
foreclosure
perpetual inventory
Extremes
28. The length of the loan
common shares
term
mortgagee
multi modal
29. Real estate (houses - condos - warehouses - factories - etc)
real property
variable
Divisor
minimum
30. When several percentages occur in successions.
dupe
Compounded
foreclosure
Ratio
31. Something that is expected to return a profit
investment
degree celsius
edible portion (EP) amount
employee turnover
32. The length of time until the debt is zero
E.O.M
amortization period
organization chart
sales history
33. Basic unit of volume in the metric system
per diem
lessee
cross multiply
Liter
34. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)
bottom line figures
discount
prime cost
Meter
35. Of one hundred
what are the two types of interest
Centi-
percent
Lowest common denominator
36. Compares two numbers or quantities by using division.
special discounts
Base
per diem
Ratio
37. Outside numbers in a ratio.
employee turnover
data
Extremes
Antecedent
38. A loan
perpetual inventory
lessee
Meter
mortgage
39.
sales history
percent sign
residual value
degree celsius
40. One thousand grams - thousand
income statement
Liquidity of Assets
Kilo-
Depreciation
41. Inside numbers in a ratio.
capital cost allowance
physical inventory
E.O.M
Means
42. A number calculated from sample data
List price
statistic
retired or amortized
edible portion (EP) amount
43. Where info is collected for every unit of the population
complete enumeration survey
Complement
sales tax
Lowest common denominator
44. Total amount before another amount is added or subtracted
simple interest
minimum
Subtotal
multiplicand
45. A decrease in price or value
Depreciation
operational plan
edible portion (EP) amount
compounded annually
46. The number you are dividing by
average wholesale price AWP
mode
loan
divisor
47. V = 1/3 pir2h
Cone Volume
Average Collection Turnover
Percent
constant
48. The final figures
amortization schedule
bottom line figures
mean
Compounded
49. Way to measure amount of product shrinkage during cooking/roasting process
collateral
standard employee hours
cooking loss test
multiplier
50. A person who is tricked or swindled
dupe
low risk investment
sensitivity analysis
identify the four helpful calculating tools
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