The Difference Between Status and Role Is That ________

question 3

Multiple Choice

The difference between status and role is that ________.

• A) status identification is strictly enforced, but roles are not
• B) we occupy a status that is a social position, but we play a role that is a social expectation
• C) status is voluntary, but role is obligatory
• D) status determines social position, while role is not significant

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Definitions:

Cash Flows

The net amount of cash being transferred into and out of a business, especially as affecting liquidity.

Average Accounting Return

A measure of profitability calculated as the average net income divided by the average book value of investment over a period.

Annual Net Incomes

The total profit of a company after all expenses and taxes have been deducted from revenues for one year.

Salvage Value

The estimate of an asset's worth at the end of its useful life.