IVY SOFTWARE BUSINESS MATH AND STATISTICS
EXAM 2024 NEWEST COMPLETE 200 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
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Which of the following is the monomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - .... ANSWER>>B)
143x^4 + 3x^4 - its the only term where the x's can be
added together to get one term
Write an equation to related total cost to number of
driveways paved.
Asphalt, tar & concrete/driveway = $7,000
Direct Labor/Driveway = $12,000
Office Expenses & Other Labor = $5,000 -
.... ANSWER>>y = 19x + 5
,Which of the following is the binomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - .... ANSWER>>C)
143x^4 + 78x^4 + 6x^4 + 76 - tis the only term where the
x's can be added together to get two terms
Which of the following is the trinomial expression?
A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6
B) 143x^4 + 3x^4
C) 143x^4 + 78x^4 + 6x^4 + 76 - .... ANSWER>>A) 4x^3 +
6x^4 +12x^3 + 45x^4 +6 - its the only term where the x's
can be added together to get three terms
True/False: the Contribution Margin is the amount that can
be contributed to fixed costs. - .... ANSWER>>True: the
contribution margin is the amount the company receives
from the sales of its product minus the product's variable
costs. Therefore, the amount remaining (after variable
costs) can be used to pay the company's fixed costs.
True/False: When the following equation hold true, we are
at the breakeven level in dollars:
True/False: for the equation 2x - 3y = 6, the x and y
intercepts are x=3, y=-2 - .... ANSWER>>True
When solving for an unknown variable that has a number
preceding it, you will divide both sides of the equation by
this number, which is known as the:
A) base
B) power
C) exponent
D) coefficient
E) none of the above - .... ANSWER>>D) coefficient
To separate an unknown variable from its exponent one
should: - .... ANSWER>>multiply the exponent by its
inverse
Which of the following are fixed costs: Sales, office
payroll (receptionist & bookeeper), advertising, home
remodeling, office remodeling, sales commission, interest
expense - .... ANSWER>>office payroll, advertising,
office remodeling, interest expense
, Given these two equations, solve for x and y:
8x = 2y + 36 and 9y = 3x + 3 - .... ANSWER>>(5,2)
What is the correct order for separating, ordering and
organizing of expressions?
A) parentheses, brackets, braces, parentheses, and so on....
B) brackets, braces, parentheses, brackets, and so on....
C) braces, parentheses, brackets, braces, and so on.... -
.... ANSWER>>A) parentheses, brackets, braces,
parentheses, and so on....
The graph for the equation y = 2x would look like:
a. a vertex.
b. two straight lines.
c. a parabola.
d. none of the above. - .... ANSWER>>d. none of the above.
- it would be one straight line
Solve for x: (2x + 3)/5 + (x +1)/4 =2
a. 13/20
b. -1
c. 23/13
d. 20/12 - .... ANSWER>>c. 23/13
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