Which Statement Exemplifies Abstraction

question 15

Multiple Choice

Which statement exemplifies abstraction?

• A)The president of General Motors views the company in terms of every worker, every supplier, and every car.
• B)The president of General Motors views the company in terms of its corporate divisions and high-level policy issues.
• C)A good approach to algorithm design and software development is to focus on how we might actually implement a particular operation.
• D)A convenient way to view the hardware component called "memory" is to focus on the billions of electronic devices that go into constructing a memory unit.

Understand the risk-return relationship as defined by modern financial theories.

Recognize the role of macroeconomic factors in asset pricing (via multifactor models).

Understand the concept and process of constructing zero-investment portfolios for arbitrage.

Differentiate between the CAPM and APT in terms of assumptions and applications.

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Definitions:

Black Faces

A term that could relate to representation and perceptions of Black individuals in visual media and societal contexts, depending on context it may be used differently.

Dual Process Approach

A theory suggesting that the human mind operates via two different systems: one fast and intuitive and the other slow and rational.

Process 1

Often used to denote a basic, initial, or primary procedure or step in a series of actions or operations.

Automatically

Occurring or performed without conscious thought or intention, often as a result of learned behavior patterns.