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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. Commission fee - inflation rate - capital gains tax
sales tax
fractions
Milli-
what are the three items that may have to be subracted from the gross return figure when calculating net return
2. The amount the property is worth at the end of the lease
foreign currency exchange
Current Assets
simple interest
residual value
3. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
degree celsius
conventional mortgage
Net Price
standardized recipe
4. Tenth - .1
compounded interest
prime cost
purchase specification
deci-
5. Used often by business management to analyze the financial position of the business.
special discounts
percent sign
dividend
Ratio Analysis
6. Liable to perish
Complement
what are the two types of interest
standard employee hours
perishable
7. Money charged by the government and added to the original price of an item
sales tax
employee turnover
Cost control
amortization schedule
8. Allows you to buy merchandise from a supplier and pay at a later - specified date.
part
median
foreclosure
Trade Credit
9. Those which can be directly attributable to the production of a particular product or service and allocated to a particular cost centre.
List price
on sale
Direct variable cost
Break Even Point
10. Get temporarily
multi modal
Borrow
discount
dividend
11. Total amount before another amount is added or subtracted
Subtotal
desired yield
balance sheet
percent
12. Paid in full
Current Ratio
Denominator
retired or amortized
bottom line figures
13. The depreciation of an asset as an expense
degree celsius
capital cost allowance
parameter
stores
14. Indicators of the confidence investors have in a company (the higher the better)
popularity index
capital cost allowance
maximum
price earnings ratios
15. V = 1/3 pir2h
assets
Percent
what are the three items that may have to be subracted from the gross return figure when calculating net return
Cone Volume
16. Interest calculated on the principle
employee turnover
Liter
simple interest
Complement
17. Preference and common
semi variable cost
what are the two main types of shares
mortgage
FIFO method
18. The original cost of an item
income statement
Quick Ratio
amortization period
List price
19. The new percent obtained by subtracting the change percent from 100%.
cover
Complement
parameter
amortization period
20. A paper that entitles the holder to a discount on a particular item
compounded quarterly
low risk investment
Gram
coupon
21. End of month.
degree celsius
identify the four helpful calculating tools
E.O.M
Liter
22. The property of having material worth (often indicated by the amount of money something would bring if sold)
data
FIFO method
Cost
dupe
23. The amount that can actually be eaten - after trimming and cooking
edible portion (EP) amount
Means
mortgage
cash flow
24. Of one hundred
range
percent
yield percentage
mean
25. Real estate (houses - condos - warehouses - factories - etc)
real property
physical inventory
Liter
compounded interest
26. A comparison of two numbers
data
Cost control
Metric system
ratio
27. You may get a large return or get nothing
prime cost
Inventory Turnover
invoice
high risk investment
28. Direct materials cost plus direct labor cost.
sample
List Price
Liquidity of Assets
prime cost
29. Share of the profits of a company
sales history
dividend
amortization schedule
peak hours
30. Shows the money coming in and expenses for a certain period of time.
Cube Volume
overhead cost
income statement
cash discounts
31. A measure of how many times the value of the inventory is sold in one year.
standard employee hours
bottom line figures
part
Inventory Turnover
32. The unexpected variablility of returns
standard employee hours
deci-
risk
minimum
33. A percentage discount for buyers associated with the products being sold
physical inventory
collateral
trade discount
high risk investment
34. Amount of money coming in and going out of your business monthly
perishable
multiplier
medium risk investment
cash flow
35. Per day
multiplier
per diem
Cost control
bottom line figures
36. First term in a ratio.
overhead cost
risk
Fixed cost
Antecedent
37. A metric unit of weight equal to one thousandth of a kilogram
sales tax
Gram
Break Even Point
capital cost allowance
38. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.
Average Collection Turnover
percent sign
cash flow
overtime
39. The number by which a dividend is divided
stores
Subtotal
fractions
Divisor
40. The ratio of the number of workers that had to be replaced in a given time period to the average number of workers
Divisor
Ratio Analysis
employee turnover
break even point
41. A way of expressing a change from an original amount to a new amount without using a percentage sign.
Trade Discount
percentage points
deci-
default
42. Paid dividends after the preference shares have been paid
Liquidity of Assets
Volume Formula
common shares
average wholesale price AWP
43. A loan
prime cost
mortgage
Complement
shares
44. Where info is collected for every unit of the population
Cube Volume
income statement
sales commission
complete enumeration survey
45. Adding columns of figures horizontally and vertically to check that the totals agree
cross-footing
special discounts
Divisor
Trade Credit
46. An item of data that has a different value at different times
Cost
operational plan
ratio
variable
47. The majority of the early payments go toward paying the interest on the loan
complete enumeration survey
front-loaded
liabilities
real property
48. Sheet that lists all menu items that are going - to be prepared for a given date
production sheet
variable costs
Means
prime cost
49. The score that falls in the middle
Dividend
median
parameter
average cover formula
50. The most frequently occuring value in a group of data
statistic
Divisor
mode
Break Even Point