Folkways Are

question 94

Multiple Choice

Folkways are

• A) the ordinary customs of different group cultures.
• B) strict norms that control moral and ethical behavior.
• C) often upheld through laws that bring serious repercussions.
• D) norms that provide strict codes of behavior.

Identify and classify different types of transactions in the accounting equation.

Recognize the impact of transactions on the balance sheet, income statement, and statement of owner's equity.

Distinguish between expenses and investments and their effects on a business’s financial health.

Analyze the process of recording revenues and expenses and assess their impact on net income.

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Definitions:

Machismo

A cultural attitude or behavior marked by exaggerated masculinity and often associated with dominance over women and children.

Conduct Disorders

Behavioral and emotional disorders in children and adolescents characterized by long-term patterns of rule-violating behavior.

Family Income

The combined total income earned by all members of a household, which is used to determine the household's economic status.

Native American

Pertaining to the indigenous peoples of the United States, including American Indians and Alaska Natives.