A __________ Is a Need That Is Shaped by a Person's

question 162

Multiple Choice

A __________ is a need that is shaped by a person's knowledge,culture,and personality.

• A)desire
• B)demand
• C)utility
• D)want
• E)craving

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Definitions:

Dividends Declared

A firm's announcement of the payment of a dividend to shareholders by a specified date, representing a commitment to distribute a portion of earnings.

Net Income

The net income of a company, calculated by removing all costs and taxes from the total sales.

Consolidated Income Statement

A financial statement that combines the income statements of a parent company and its subsidiaries, providing a comprehensive overview of the total income generated.

Operating

Relating to the day-to-day business activities involved in running a company, such as selling, managing, and producing goods or services.