James Is Trying to Break into a Safe,but He Does

question 91

Multiple Choice

James is trying to break into a safe,but he does not know the four-digit code.To find the right code,he uses a procedure that will obtain the right result if he uses it correctly.Specifically,he tries every possible set of four-digit numbers until he finds the correct one.James is using a(n) ________ to find the correct code.

• A) analogy
• B) mental set
• C) heuristic
• D) algorithm

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Definitions:

Short-Term Financial Risk

The risk associated with the need to meet financial obligations in the near term, often within one year.

Canadian Short-Term Interest Rates

The interest rates applied to short-term financial instruments in Canada, typically with maturities of less than one year.

Bank Of Canada

The central bank of Canada, responsible for the country's monetary policy, issuing currency, and acting as the government's banker.

Divisional Level

Pertains to a specific segment or area of operation within a larger organization, often responsible for their own budgets and strategy.