Which of the Following Statements Is Correct

question 24

Multiple Choice

Which of the following statements is correct?

• A)Subcultural groups always have separate religious affiliations.
• B)Ethnic groups live outside of national borders.
• C)Subcultural groups have biological differences that ethnic groups do not have.
• D)Ethnic groups collectively and publicly identify themselves as distinct.
• E)Subcultural groups collectively and publicly identify themselves as distinct.

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Definitions:

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Sales

Revenues earned by a company from the sale of goods or services before any expenses are deducted.

Accounts Payable

Short-term liabilities representing amounts owed by a business to suppliers or creditors for goods and services received.

Cost of Goods Sold

The immediate expenses related to manufacturing the products a company sells, such as materials and labor.