MBA Prep works – BMAS questions
well answered to pass
False - ANS ✔✔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= 2 + 50X
false - ANS ✔✔A variable cost is one the will be incurred regardless of how the level of
production varies
a parabola - ANS ✔✔The graph for the equation Y= 9w^2 + 56w + 15 would look like
False - ANS ✔✔An upward sloping parabola has a maximum point at its vertex
False - ANS ✔✔An appliance manufacturer's total costs are equal to its fixed costs plus its
monthly rent
143x^4 + 3x^4 - ANS ✔✔Which of the following is a monomial expression?
143x^4 + 78x^4 + 6x^4 + 76 - ANS ✔✔Which of the following is a binomial expression?
True - ANS ✔✔The contribution margin is the amount that can be contributed to fixed costs
True - ANS ✔✔when the following equation holds true, we are at the breakeven level in dollars:
Sales - Variable Costs = Fixed costs
True - ANS ✔✔For the equation 2x - 3y = 6, the x and y intercepts are x=3 and y=2
, Coefficient - ANS ✔✔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
multiply the exponent by its inverse - ANS ✔✔To separate an unknown variable from its
exponent one should,
False - ANS ✔✔You can solve for two unknown variables with only one equation
none of the above - ANS ✔✔The graph for the equation y = 2X would look like
False - ANS ✔✔an appliance manufacturer's total costs are equal to its fixed costs plus its
monthly rent
False - ANS ✔✔An upward sloping parabola has a maximum point at its vertex
none of the above - ANS ✔✔To separate an unknown variable from its exponent one should
False - ANS ✔✔The contribution margin is the amount that can be contributed to the variable
costs
False - ANS ✔✔Qualitative methods of forecasting involve data in numerical form and are
mathematically derived
True - ANS ✔✔When forecasting data that are arranged in time periods, i.e., a time series
analysis, there are two different approaches: trend analysis and averaging
well answered to pass
False - ANS ✔✔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= 2 + 50X
false - ANS ✔✔A variable cost is one the will be incurred regardless of how the level of
production varies
a parabola - ANS ✔✔The graph for the equation Y= 9w^2 + 56w + 15 would look like
False - ANS ✔✔An upward sloping parabola has a maximum point at its vertex
False - ANS ✔✔An appliance manufacturer's total costs are equal to its fixed costs plus its
monthly rent
143x^4 + 3x^4 - ANS ✔✔Which of the following is a monomial expression?
143x^4 + 78x^4 + 6x^4 + 76 - ANS ✔✔Which of the following is a binomial expression?
True - ANS ✔✔The contribution margin is the amount that can be contributed to fixed costs
True - ANS ✔✔when the following equation holds true, we are at the breakeven level in dollars:
Sales - Variable Costs = Fixed costs
True - ANS ✔✔For the equation 2x - 3y = 6, the x and y intercepts are x=3 and y=2
, Coefficient - ANS ✔✔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
multiply the exponent by its inverse - ANS ✔✔To separate an unknown variable from its
exponent one should,
False - ANS ✔✔You can solve for two unknown variables with only one equation
none of the above - ANS ✔✔The graph for the equation y = 2X would look like
False - ANS ✔✔an appliance manufacturer's total costs are equal to its fixed costs plus its
monthly rent
False - ANS ✔✔An upward sloping parabola has a maximum point at its vertex
none of the above - ANS ✔✔To separate an unknown variable from its exponent one should
False - ANS ✔✔The contribution margin is the amount that can be contributed to the variable
costs
False - ANS ✔✔Qualitative methods of forecasting involve data in numerical form and are
mathematically derived
True - ANS ✔✔When forecasting data that are arranged in time periods, i.e., a time series
analysis, there are two different approaches: trend analysis and averaging
