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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. The number you are multipliying by
nonperishable
Volume Formula
multiplier
Centi-
2. A written form listing the specific characteristics of a product that is to be purchased from a supplier.
Borrow
two methods calculators use to process information
purchase specification
population
3. The number to be divided by
Divisor
dividend
population
Extremes
4. When several percentages occur in successions.
real property
Compounded
Current Assets
mean
5. The amount of money borrowed is less than 75% of the purchase price
population
retired or amortized
variable costs
conventional mortgage
6. Total annual sales/365
Average Daily Sales
per diem
Trade Credit
what are the two main types of shares
7. The difference between the highest and lowest numbers in a set of data
compounded daily
Centi-
capital cost allowance
range
8. The highest number in a group of data
fractions
dividend
maximum
sample
9. A decimal system of weights and measures based on the meter and the kilogram and the second
yield percentage
Metric system
two methods calculators use to process information
Cube Volume
10. A complete set of individuals - objects or scores being studied
mortgagor
mean
sample
population
11. 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.
Quick Ratio
Dividend
Rate
percentage points
12. The number you are dividing by
Rate
coupon
divisor
nonperishable
13. (simple average) adding the group of items and dividing by the total number of items
liabilities
mean
degree celsius
minimum
14. The interest amount is small - but you are guaranteed to get something
default
low risk investment
simple interest
invoice
15. End of month.
personal property
E.O.M
compounded interest
percentage points
16. Suggested Retail Price
on sale
Depreciation
List Price
what are the three items that may have to be subracted from the gross return figure when calculating net return
17. You may get a large return or get nothing
directs
Trade Credit
Liter
high risk investment
18. Interest calculated on the principle
Base
identify the four helpful calculating tools
simple interest
variable
19. A metric unit of weight equal to one thousandth of a kilogram
Gram
Cost control
personal property
complete enumeration survey
20. Sheet that lists all menu items that are going - to be prepared for a given date
degree celsius
production sheet
what are the two main types of shares
percentage points
21. Cash + receivables/ current liabilities.
Quick Ratio
standardized recipe
Break Even Point Formula
Ratio Analysis
22. First term in a ratio.
Antecedent
Milli-
standard portion size
compounded interest
23. A number calculated from sample data
variable cost
multi modal
statistic
medium risk investment
24. Detailed instructions describing the way a particular foodservice operation prepares a particular dish
weighted average
standardized recipe
loan
invoice
25. Interest is paid once a year
Liter
median
compounded annually
what are the two types of interest
26. The price paid after the trade discount has been subtracted.
cash discounts
retired or amortized
default
Net Price
27. The edible-portion (EP) quantity of a food item divided by the as-purchased (AP) quantity expressed as a percentage.
percentage points
p.a.
yield percentage
sales commission
28. Merchandise inventory determined by keeping a continuous record of increases - decreases - and balance on hand
Centi-
Break Even Point Formula
perpetual inventory
Current Ratio
29. More than one frequently occuring value in a group of data
multi modal
lessor
invoice
Metric system
30. The part of a fraction above the line - which tells how many parts are being counted.
average wholesale price AWP
numerator
common shares
part
31. Preference and common
amortization schedule
stores
what are the two main types of shares
variable costs
32. Total amount before another amount is added or subtracted
Lowest common denominator
Subtotal
deci-
residual value
33. Get temporarily
divisor
standard portion size
Borrow
Proportion
34. Interest calculated on the principal plus any accumulated interest
dividend
compounded interest
lessee
net capitalized cost
35. A number to be divided by another number
break even point
desired yield
degree celsius
Dividend
36. The amount that can actually be eaten - after trimming and cooking
extention
p.a.
edible portion (EP) amount
Quick Ratio
37. Be sufficient to meet - defray - or offset the charge or cost of
cover
bonds
loan
sales tax
38. Things you own
variable
Rate
assets
what are the two types of interest
39. 1 ounce or less per guest
Fixed cost
cross multiply
low risk investment
standard portion size
40. Interest is paid 365 times a year
real property
Subtotal
compounded daily
FIFO method
41. The money paid to an employee based on a percentage of their sales
Current Assets
sales commission
standard employee hours
liabilities
42. Of one hundred
percent
parameter
Milli-
term
43. Multiply cross products to solve (top x bottom = top x bottom)
cross multiply
Rate
multi modal
interest
44. Adding columns of figures horizontally and vertically to check that the totals agree
statistic
cross-footing
data
forecasting
45. The info collected from a survey and the figures generated through statistical analysis
constant
break even point
sales commission
data
46. Investing in a well-established company
Average Collection Turnover
loan
medium risk investment
mean
47. Used when the each piece of data has more than one component
semi variable cost
peak hours
weighted average
Dividend
48. A chart that shows the balance of the mortgage after each amortization period
mortgagor
overhead cost
parameter
amortization schedule
49. An item of data the stays the same
operational plan
constant
degree celsius
Cylinder Volume
50. The variable of the percentage formula that represents a part of the base.
percentage points
Average Daily Sales
part
Complement