Business Mathematics Certification Exam Tests

Business Mathematics Practice Test 23

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MCQ 111:

**The objective of linear programming for an objective function is to**

- maximize or minimize
- subset or proper set modeling
- row or column modeling
- adjacent modeling

a

MCQ 112:

**The purchase cost is 30,000 and the depreciation is 5,000 then the depreciation function is**

- V = ƒ(t) = 30000 - 5000t
- V = ƒ(t) = 5000t + 30000
- V = ƒ(t) = 30000t - 5000t
- V = ƒ(t) = 30000t + 5000t

a

MCQ 113:

**The interest rate per year is 16 and the compounding occurs every quarter then interest rate per compounding period is**

- 0.4
- 0.04
- 40
- 0.004

b

MCQ 114:

**The total revenue is $40,000 USD, the variable cost is $10,000 USD and the fixed cost is $40,000 USD then the profit or loss is**

- −$10000
- $10,000
- $90,000
- $70,000

a

MCQ 115:

**The specific combination of decision variables to specify non-negativity and structural constraints is classified as**

- optimal solution candidates
- minimal solution candidate
- maximum solution candidate
- ordinate solution candidate

a

Inverse Matrix MCQs

Polynomial and Rational Functions MCQs

Linear Programming Simplex Method MCQs

Gaussian Elimination in Mathematics MCQs

Slope Intercept Form MCQs

Introduction to Linear Programming MCQs

Linear Objective Function MCQs

Functions in Mathematics MCQs

First Degree Equations in One Variable MCQs

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