Notes, summaries, assignments, exams, and problems for Mathematics

Description: An Explanation of an Observation

Measurement: A Way to Describe the World with Numbers

Estimation: Using Knowledge of Something Familiar to Guess the Size of a New Object

Precision: How Close Measurements Are to Each Other

Accuracy: Comparing the Measurement to the Actual, Accepted, or Real Value

S.I.: International System of Units

Meter: The S.I. Unit of Length

Volume: The Amount of Space an Object Occupies

Mass: The Amount of Matter in an Object (S.I. Uses Kilogram)

Kilogram: S.I. Unit for Mass

Weight: The Measurement for Force (S.I. Uses the Newton)

Kelvin: The SI Measurement of Temperature (Same as C but Starts at -273 C)

Rate: The Amount of Change in a Measurement in a Given Amount of Time

Table: Displays Information in a Row or Columns

Understanding Financial Audit: Role and Regulations

The audit function is primarily regulated by Law 19/1988 of July 22 on the Audit of Accounts and its corresponding audit regulation, which is updated almost annually. These rules govern the external, financial, or economic-financial audit, carried out by independent professionals.

An audit involves the verification and review of financial statements (whether economic, financial, or economic-financial). This verification must be performed by individuals who, among other qualifications, are graduates in relevant fields with extensive accounting knowledge.

Auditors are ultimately independent professionals; they are not public officials and have no affiliation with the company being audited. In conducting... Continue reading "Understanding Financial Audit: Role, Regulations, and Objectives" »

Function

A function defines the relationship between an initial set and a final set, so that each element of the initial set (independent variable) corresponds to a single element of the final set (dependent variable).

Domain of the Function

The domain of a function is the set of possible values that the independent variable (e.g., coins) can take.

Range of the Function

The range of a function is the set of possible values that the dependent variable (e.g., drinks) can represent.

A function can be represented by tables, graphs, and algebraic formulas.

Increasing and Decreasing Functions

• A function is increasing on an interval if for any pair of values a and b in this interval, where a < b, the rate of change is positive.
• A function is decreasing

Differences Between Delivery Notes and Invoices

Delivery Note: A provisional document justifying the dispatch of goods. It does not include VAT.

Invoice: A definitive document providing legal accreditation. It is valid for any claim and includes VAT.

Another important difference is that invoices are legally required to be kept for 6 years, while retaining delivery notes is not mandatory for the same period.

Sales Transaction Documentation

Common documents involved in sales transactions include:

• The order sheet
• The delivery note
• The invoice
• The expenses sheet
• Remittance advice
• Receipt
• Voucher or promissory note
• Check
• Bill of exchange

What Are Quantity Discounts (Rappels)?

These are discounts granted by the seller to the buyer for purchasing goods exceeding... Continue reading "Key Commercial Documents Explained" »

Understanding Sequences, Progressions, and Functions

Sequences

Sequences are unlimited strings of real numbers. Each of the numbers that form a sequence is a term and is designated with a letter and an index that indicates its position in the sequence. The general term is the algebraic expression used to calculate any term, depending on the index.

Recurrent Sequences

Recurrent sequences are those in which terms are defined based on one given earlier, according to a known algebraic expression.

Arithmetic Progressions

A sequence of rational numbers is an arithmetic progression if each term is obtained from the previous one by adding a fixed number, or difference, usually represented by *d*. The general term is: W = A1 + (n-1) * d.

Geometric Progressions

A... Continue reading "Understanding Sequences, Progressions, and Functions in Math" »

Finding the Vertex Coordinates of a Parallelogram

The points A (-2, 3, 1), B (2, -1, 3), and C (0, 1, -2) are consecutive vertices of the parallelogram ABCD.

(a) Find the Vertex Coordinates of D

If ABCD are the vertices of a parallelogram, free vectors AB and DC are equal:

• AB = (4, -4, 2)
• DC = (-x, 1 - y, -2 - z)

Equating coordinates, we have x = -4, y = 5, and z = -4. The missing point is D (-4, 5, -4).

(b) Equation of the Line Through B and Parallel to Diagonal AC

The line passes through point B (2, -1, 3) and has a direction vector AC = (2, -2, -3). Its continuous equation is:

(x - 2) / 2 = (y + 1) / -2 = (z - 3) / -3

(c) Equation of the Plane Containing the Parallelogram

We can use point B (2, -1, 3) and the vectors BA = (-4, 4, -2) and BC = (-2,... Continue reading "Solving Problems with Parallelograms, Lines, and Planes in 3D Space" »

Working Capital

Working Capital measures the capacity for payment in the ordinary course of business activity. It's calculated as: Current Assets (CA) - Current Liabilities (CL)

• CA > CL: Positive Working Capital. The business has the potential for investment. Working Capital should never exceed 10% of CA, as these are idle funds.
• CA < CL: Negative Working Capital. This may indicate a suspension of payments or insolvency. It usually signifies mismanagement in the negotiation of ordinary business activity, but it doesn't always mean a bad situation.

Acid Test

The Acid Test measures a company's capacity to meet all of its short-term debts. It's calculated as: (Current Liabilities - Treasury) / Available. This indicates immediate liquidity;... Continue reading "Understanding Key Financial Ratios for Businesses" »

Valuation Criteria

Historical Cost

For Assets: The purchase price or production cost. This includes the amount of cash paid or payable, plus the fair value of any other consideration given for the acquisition. All costs directly related to the acquisition and necessary to bring the asset to operating condition are included.

For Liabilities: The value corresponding to the consideration received in exchange for incurring the debt. In some cases, it is the amount of cash expected to be paid to settle the liability in the ordinary course of business.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between knowledgeable, willing market participants at the measurement date. It is determined... Continue reading "Understanding Asset and Liability Valuation Concepts" »

Sampling Stage

Sample Size:

• Depends on population size
• The type of sample
• Feature (parameter) of the population that is analyzed
• The maximum permissible error in the estimation of the parameters

The Form: The information collected can be classified as:

• Acts or behaviors that can be compared
• Information: analyzes the degree of respondents' knowledge on specific topics
• Opinions or Judgments: such as perceived service quality
• Attitudes or predispositions of mind: We are looking for what is thought in relation to something
• Motives or explanations for specific behaviors: the question is, why certain views or acts?
• Possible future behavior: it may ask whether or not to consume a prepared product.

Concept and Structure of Questionnaires

The questionnaire is a way... Continue reading "Effective Questionnaire Design for Market Research" »