Humanity Received Its Name from the Latin Root Word Humare

question 42

Multiple Choice

Humanity received its name from the Latin root word humare, which means to

• A) stand upright.
• B) bury.
• C) think.
• D) socialize.

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Definitions:

Variable Cost

A variable cost is an expense that varies depending on a company's production volume; they rise as production increases and fall as production decreases.

NPV

An alternate expression for Net Present Value, it represents the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Credit Policy

A set of guidelines a company follows to determine the creditworthiness of its customers and the terms of credit it will offer.

Contingent Demand

Demand for a product or service that depends on the demand for another product or service.