Algebra, Company Reporting and Grammar Flashcards

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Flashcards for reviewing key vocabulary and concepts from Algebra, Company Reporting, and Grammar lectures.

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77 Terms

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Algebra

Branch of mathematics concerning the study of the rules of operations and relations, and the constructions and concepts resulting from them.

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Notation

A system of characters, symbols, or abbreviated expressions.

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Algebraic number

An algebraic number can be expressed as the solution to a polynomial equation with integer coefficients.

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Coefficient

A number that is multiplied by the variable(s) in a single term

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Constant

A term that does not contain any variables.

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Expression

A term or a combination of terms and operators.

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Operator

A symbol for expressing a mathematical operation.

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Variable

A literal expression representing an unknown number.

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Equation

A mathematical statement that asserts that one expression or quantity is equal to another.

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Identity

An equation which is always true, no matter what values are substituted.

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Solve an equation

To find all values of a specified variable in the equation for which the statement is true.

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Equivalent equations

Algebraic equations having identical solutions or roots.

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Linear equation

Any equation that can be written in the form ax + b = 0 where a and b are real numbers and a ≠ 0.

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Quadratic equation

An equation equivalent to one of the form ax² + bx + c = 0 where a, b, and c are real numbers and a ≠ 0.

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Clear the equation of fractions

Multiply both sides of the equation by the least common multiple (LCM) of denominators

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Expand parentheses

Eliminate or remove expressions / parentheses

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Combine like terms

Use the commutative property to rearrange terms and collect like terms

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Isolate the variable

Add or subtract to isolate the variable and move all terms with variable on one side and other terms on the other side

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Inequality

An inequality is a statement involving two expressions, numerical or literal, separated by one of the inequality symbols

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Solutions of the inequality

Values that make the statement true

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Equivalent inequalities

Two inequalities having exactly the same solution set (they are true for the same values of the unknowns) are called equivalent.

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warping

bending or twisting out of shape

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revolutionized

to bring about a radical change

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evolved

to develop gradually, esp. from a simple to a more complicated form

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reveals

to make known (something concealed or unknown)

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propels

to move, drive or push something forward or in a particular direction

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acceleration

the increase in the speed at which something happens

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hypotenuse

the side opposite the right angle of a right-angled triangle

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formula

a mathematical rule expressed in a set of numbers and letters

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vertices

a point where two lines meet to form an angle

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sphere

a solid figure that is completely round

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pure

not mixed with anything else; with nothing added; clear

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particle

a very small piece of matter

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reigning

theories of widespread influence

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encapsulates

to express the most important parts of something in a few words

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observed

to watch somebody/something carefully

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seeds

the beginning; the early stages

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backbone

the most important part of a system, an organization, etc.

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theorem

a principle or idea

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Finance

Enables it to start, operate, and grow. It provides the necessary resources to cover expenses, make strategic investments, and navigate the business environment

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Capital

The financial foundation necessary for business operations.

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Loans

Funds that must be repaid with interest.

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Shares

Certificate representing ownership units in the company.

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Shareholders

Investors claiming partial ownership of the business.

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Bonds

Loans that accrue interest and are repaid at a predetermined future date.

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Debt

Money owed to others.

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Liabilities

Debts owed to suppliers for goods or services provided on credit.

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Working capital

Funds a business uses for day-to-day expenses.

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Revenue

All incoming funds to a company within a specific timeframe.

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Dividend

Share of profit disbursed to shareholders.

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Retain

Portion of profits kept for future use.

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Listed companies

Financial statements that have to present their accounts to the public

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Annual report

A comprehensive document that provides detailed information about a company's financial performance.

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Accounts

Records used to track the financial activities of a business

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Assets

Items that a company or individual owns that have monetary value and can be used to generate future economic benefits

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Liabilities

Debts or obligations that a company owes to external parties, such as loans, accounts payable, and accrued expenses

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Equity

The ownership interest in a company, representing the residual value of assets after deducting liabilities

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Revenue

the total amount of money earned by a business from its primary activities

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Expenses

Costs incurred by a business in its day-to-day operations to generate revenue

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Gross profit

The difference between a company's total revenue and the cost of goods sold. It represents the profit generated from the core business activities before deducting operating expenses.

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Operating activities

The day-to-day business activities involved in generating revenue for a company.

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Overheads

Regular and ongoing expenses incurred by a business that are not directly tied to a specific product or service.

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Net income

The total profit earned by a company after deducting all expenses, taxes, and other deductions from total revenue.

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Investing activities

Relates to the acquisition and disposal of long-term assets or investments

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Financing activities

Activities undertaken by a company to raise capital or finance its operations.

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Monomial

Product of two or more factors each of which is either a number, a letter or a power of a letter

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Variable

A literal expression representing an unknown number, value of which, when substituted for it, makes the equation true

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Equation

A mathematical statement that asserts that one expression or quantity is equal to another

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An identity

If the equation is true for all values of the variables

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Solution set

Set of solutions of a given equation

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Inequality

Compares two values, showing if one is less than, greater than, or simply not equal to another value

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Operator

A symbol for expressing a mathematical operation

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Like terms

Terms that have the same variable but may have different coefficients

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Roots

The numbers that make a conditional equation true

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Linear equation

algebraic equation in which each term is either a constant or the product of a constant and (the first power of) a single variable

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Constant

Some number that always has the same value, such as 3 or 14.89

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Quadratic equation

Having the form ax2+ bx +c=0 where x represents an unknown, and a, b, and c represent known numbers such that a is not equal to 0