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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. Tenth - .1
deci-
Cone Volume
variable
net capitalized cost
2. The unexpected variablility of returns
risk
mortgagor
weighted average
overtime
3. Keeping budgeted costs as close as possible to actual costs.
multi modal
high risk investment
interest
Cost control
4. Percentage of the list price.
FIFO method
cash discounts
Trade Discount
Gram
5. Algebraic - arithmetic
cross multiply
weighted average
two methods calculators use to process information
stores
6. A loan
standard portion cost
parameter
income statement
mortgage
7. A comparison of two numbers
ratio
discount
real property
compounded annually
8. 1 ounce or less per guest
lease
Extremes
mean
standard portion size
9. V = e 3
parameter
E.O.M
balance sheet
Cube Volume
10. The lowest number in a group of data
coupon
cooking loss test
Quick Ratio
minimum
11. Special hours of work regulations in several industries exempt or set different standards for certain employees
on sale
Cube Volume
standard employee hours
Denominator
12. Real estate (houses - condos - warehouses - factories - etc)
purchase specification
what are the three items that may have to be subracted from the gross return figure when calculating net return
p.a.
real property
13. Money earned on an investment or paid on a loan
popularity index
statistic
interest
proportion
14. Interest is paid four times a year
coupon
standard employee hours
compounded quarterly
bonds
15. The number you are multipliying by
dividend
multiplier
cash discounts
two methods calculators use to process information
16. The lender
p.a.
part
mortgagee
what are the two types of interest
17. Per day
high-ratio mortgage
real property
medium risk investment
per diem
18. Used when the each piece of data has more than one component
weighted average
loan
variable costs
Trade Discount
19. Where info is collected for every unit of the population
median
constant
common shares
complete enumeration survey
20. A decimal figure when x by 2400 gives an approximate annual interest rate
standardized recipe
complete enumeration survey
define:money factor
Denominator
21. A bill
Fixed cost
invoice
cash flow
range
22. Paid in full
retired or amortized
Break Even Point
foreign currency exchange
Metric system
23. Outside numbers in a ratio.
Extremes
cooking loss test
multi modal
cross multiply
24. Way to measure amount of product shrinkage during cooking/roasting process
FIFO method
Fixed cost
variable cost
cooking loss test
25. Time worked beyond the established working hours
Centi-
Fixed cost
overtime
maximum
26. The person paying to borrow property for a certain amount of time for payments
lessee
foreclosure
percent sign
compounded sem-annually
27. The number you are dividing by
divisor
liabilities
compounded monthly
identify the four helpful calculating tools
28. Basic unit of volume in the metric system
collateral
Liter
average cover formula
retired or amortized
29. The amount the property is worth at the end of the lease
what are the two main types of shares
variable
net capitalized cost
residual value
30. When several percentages occur in successions.
Gram
Compounded
Proportion
FIFO method
31. The total of units multiplied by the price
simple interest
Means
risk
extention
32. The point at which you stop losing money.
minimum
production sheet
mortgagor
Break Even Point
33. The final figures
Rate
real property
bottom line figures
average cover formula
34. A cost that rises or falls depending on how much is produced
high-ratio mortgage
List Price
variable cost
Ratio
35. Cost of the an item/# of portions it contains.
percent
amortization period
Gram
standard portion cost
36. A way of representing the part of a whole. Percent means 'per hundred' or 'parts out of one hundred.'
overhead cost
ratio
Percent
Subtotal
37. First term in a ratio.
Inventory Turnover
production sheet
Antecedent
identify the four helpful calculating tools
38. The national average cost of a drug product to a pharmacy; however - in practice this simply 'benchmark' price set by manufacturers.
lessee
average wholesale price AWP
Milli-
Ratio
39. The majority of the early payments go toward paying the interest on the loan
front-loaded
compounded daily
Volume Formula
define:money factor
40. A contract giving someone the right to use something for a certain length of time
high risk investment
lease
two methods calculators use to process information
Average Collection Turnover
41. Inside numbers in a ratio.
Means
high risk investment
income statement
sales history
42. To take away from the original cost of something
Volume Formula
discount
medium risk investment
data
43. The symbol - % - used to represent percents. For example - 1 percent would be written 1%.
percent
loan
Cost control
percent sign
44. The smallest number - other than zero - that can be the denominator for two or more common fractions
Lowest common denominator
median
degree celsius
Kilo-
45. The first number
percentage points
multiplicand
range
medium risk investment
46. The number of sales / number of covers
Extremes
average cover formula
purchase specification
Means
47. A measure of how many times the value of the inventory is sold in one year.
preference shares
assets
Inventory Turnover
residual value
48. Will not decay or rot
population
nonperishable
Denominator
Volume Formula
49. Get temporarily
semi variable cost
Conversion factor
Centi-
Borrow
50. The basic unit of length adopted under the Systeme International d'Unites (approximately 1.094 yards)
multiplicand
Centi-
Meter
cash discounts