All of the Following Are True About the Evolutionary Value

question 45

Multiple Choice

All of the following are true about the evolutionary value of groups EXCEPT which statement?

• A)Being in a group is crucial to survival of humans as a species.
• B)People strongly identify with the family and cultural groups they were raised in.
• C)People accomplish goals when working in groups that they might not be able to accomplish alone.
• D)Through natural selection people have a learned desire to belong to a group.

---

Definitions:

Unearned Rental Revenue

Income received from renters but not yet earned because the rental period has not occurred.

Bad Debts Expense

The cost recorded by businesses to cover accounts receivable that are not expected to be collected.

Rental Income

Rental income is income received from leasing out property or equipment, forming a source of earnings for businesses and individuals alike.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.