Words that are broad and encompass a category of ideas are called what?
A) Abstract words
B) Concrete words
C) Clichés
D) Buzzwords
E) Denotative words
Answer: A
Explanation: A) An abstract word expresses a concept, quality, or characteristic. Abstractions are usually broad, encompassing a category of ideas, and are often intellectual, academic, or philosophical. Love, honor, progress, tradition, and beauty are abstractions, as are such important business concepts as productivity, quality, and motivation.
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Which of the following is not considered to be a cash equivalent?
a. Corporate commercial paper due in 90 days after purchase b. U.S. Treasury bills with an original maturity of six months c. A money market account with a stock brokerage firm d. A certificate of deposit with a term of 75 days when acquired
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 79 hours for the first widget. Acme estimates it has an 81% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 135th widget.
a. 17.78 hours b. 19.58 hours c. 16.52 hours d. 21.94 hours