An Example of a Normative Statement Is

question 100

Multiple Choice

An example of a normative statement is:

• A) The rate of unemployment is 4 percent.
• B) A high rate of economic growth creates more jobs for the country.
• C) The federal government spends half of its budget on national defense.
• D) Everyone in the country needs to be covered by national health insurance.

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Definitions:

Advertising

The activity of promoting products or services to potential customers through various media channels.

Current Asset Items

Assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer; includes cash, accounts receivable, and inventory.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Assembly Line Wages

Wages paid to workers who are involved in the operations of an assembly line, typically in a manufacturing process.