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IVY SOFTWARE BUSINESS MATH AND
STATISTICS EXAM 2025/2026 NEWEST
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+|| CH 1
IVY SOFTWARE BUSINESS MATH & STATS
EXAM BRAND NEW!!
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 - CORRECT 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 - CORRECT 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. - CORRECT ANSWER ✔✔- True: the contribution margin is the
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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:
Sales - Variable Costs = Fixed Costs - CORRECT ANSWER ✔✔- True
True/False: for the equation 2x - 3y = 6, the x and y intercepts are x=3, y=-2 -
CORRECT 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 - CORRECT ANSWER ✔✔- D) coefficient
To separate an unknown variable from its exponent one should: - CORRECT
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,
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interest expense - CORRECT ANSWER ✔✔- office payroll, advertising, office
remodeling, interest expense
Given these two equations, solve for x and y:
8x = 2y + 36 and 9y = 3x + 3 - CORRECT 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.... - CORRECT 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. - CORRECT 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
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d. 20/12 - CORRECT ANSWER ✔✔- c. 23/13
True/False: The fixed costs for a certain project are $50 and it costs $2 to produce
one unit. The equation that relates y (total costs) to x (total number of units
produced) is y = 50 + 2x. - CORRECT ANSWER ✔✔- True
x^5 = 32
solve for x - CORRECT ANSWER ✔✔- x = 2
2^x = 16
solve for x - CORRECT ANSWER ✔✔- x = 4
Solve for x and y for these simultaneous equations:
3x = 14-5y
7x+2y = 23 - CORRECT ANSWER ✔✔- x = 3
y=1
Equation for Total Cost - CORRECT ANSWER ✔✔- Total costs = (variable cost per
unit * number of units produced) + Fixed Costs
Material $75/television
Direct Labor $40/television
New Manufacturing Equipment $1,500,000
IVY SOFTWARE BUSINESS MATH AND
STATISTICS EXAM 2025/2026 NEWEST
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+|| CH 1
IVY SOFTWARE BUSINESS MATH & STATS
EXAM BRAND NEW!!
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 - CORRECT 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 - CORRECT 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. - CORRECT ANSWER ✔✔- True: the contribution margin is the
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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:
Sales - Variable Costs = Fixed Costs - CORRECT ANSWER ✔✔- True
True/False: for the equation 2x - 3y = 6, the x and y intercepts are x=3, y=-2 -
CORRECT 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 - CORRECT ANSWER ✔✔- D) coefficient
To separate an unknown variable from its exponent one should: - CORRECT
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,
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interest expense - CORRECT ANSWER ✔✔- office payroll, advertising, office
remodeling, interest expense
Given these two equations, solve for x and y:
8x = 2y + 36 and 9y = 3x + 3 - CORRECT 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.... - CORRECT 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. - CORRECT 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
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d. 20/12 - CORRECT ANSWER ✔✔- c. 23/13
True/False: The fixed costs for a certain project are $50 and it costs $2 to produce
one unit. The equation that relates y (total costs) to x (total number of units
produced) is y = 50 + 2x. - CORRECT ANSWER ✔✔- True
x^5 = 32
solve for x - CORRECT ANSWER ✔✔- x = 2
2^x = 16
solve for x - CORRECT ANSWER ✔✔- x = 4
Solve for x and y for these simultaneous equations:
3x = 14-5y
7x+2y = 23 - CORRECT ANSWER ✔✔- x = 3
y=1
Equation for Total Cost - CORRECT ANSWER ✔✔- Total costs = (variable cost per
unit * number of units produced) + Fixed Costs
Material $75/television
Direct Labor $40/television
New Manufacturing Equipment $1,500,000
