Which of the Following Statement(s) Is/are False

question 14

Multiple Choice

Which of the following statement(s) is/are false?
(A) Residual income can be used to compare divisions of different sizes.
(B) Residual income can be used to compare divisions that are profit centers.

• A) Only (A) is false.
• B) Only (B) is false.
• C) Both of these are false.
• D) Neither of these is false.

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Definitions:

Post-industrialization

A phase in economic development where a society transitions from a manufacturing-based economy to one focused on services and technology.

Global Consumerism

The global trend towards increasingly consumer-oriented societies, where purchasing and consumption of goods and services are central cultural values and indicators of economic success.

Integrated Financial Markets

Financial markets that are globally interconnected, allowing capital to move freely across borders, enhancing efficiency and liquidity.

Pastoral Societies

Communities whose primary means of subsistence is based on the rearing and breeding of livestock.