When Group Members Use Different Meanings for the Same Words

question 60

Multiple Choice

When group members use different meanings for the same words and phrases,they run the risk of

• A)team talk.
• B)connotations.
• C)abstraction.
• D)denotation.
• E)bypassing.

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Definitions:

Product Warranty

A promise or guarantee given to a customer that a product is free from defects and will perform as specified for a certain period of time.

Company Tax Rate

The percentage of its profits an organization is required to pay to the government as tax.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the taxable income.

Warranty Liability

An obligation reported on a company's balance sheet that represents the estimated costs of fulfilling the terms of warranties offered on products sold.