Microsoft Word Is a ____ Program You Can Use to Create

question 41

Multiple Choice

Microsoft Word is a ____ program you can use to create text documents, such as letters, memos, newsletters, and reports.

• A) spreadsheet
• B) word-processing
• C) desktop publishing
• D) database

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Definitions:

Bonus Pool

A fund allocated for bonuses, typically based on company performance, and distributed to employees based on predetermined criteria.

Fixed Percentage

A specified, constant proportion or rate that does not change with variation in base quantities, often used in financial contexts like interests or commissions.

Deferred Profit-Sharing Plans

A type of profit-sharing plan where contributions are deferred and placed in a trust for the employee until a set time, often retirement.

Quasi Pension Plans

Programs that mimic traditional pension plans but typically offer more flexibility and are often funded by the employees, sometimes with employer contributions.