Norms Governing Everyday Behavior,the Violation of Which Raises Comparatively Little

question 107

Multiple Choice

Norms governing everyday behavior,the violation of which raises comparatively little concern,are known as

• A)mores.
• B)cultural universals.
• C)folkways.
• D)laws.

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Definitions:

Unusual In Nature

An occurrence or characteristic that is not common or ordinary, often requiring special consideration or treatment.

Infrequent Occurrence

Events or transactions that are not expected to happen regularly or often within the normal course of business.

Accounting Principle

Fundamental guidelines or rules that govern the accounting process, ensuring that financial statements are accurate, reliable, and consistent.

Accounting Estimate

An approximation of a financial statement element, item, or account in the absence of exact data.