Business Mathematics Quiz
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Questions and Answers

What mathematics are typically used in commerce?

  • Calculus, matrix algebra, linear programming
  • Advanced calculus, abstract algebra, number theory
  • Geometry, trigonometry, differential equations
  • Elementary arithmetic, elementary algebra, statistics and probability (correct)
  • Where are business mathematics typically taught in the United States?

  • Online platforms and MOOCs
  • Vocational schools only
  • High schools and schools that grant associate's degrees (correct)
  • Universities and colleges
  • What is the emphasis of business mathematics courses?

  • Philosophical implications of mathematical principles
  • Historical development of mathematical concepts
  • Computational skills and their practical application (correct)
  • Theoretical proofs and abstract concepts
  • What is another term for business mathematics?

    <p>Commercial math</p> Signup and view all the answers

    In which areas do commercial organizations use mathematics?

    <p>Accounting, inventory management, marketing, sales forecasting, and financial analysis</p> Signup and view all the answers

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