When a Society Proscribes Sexual Relations Among Those It Considers

question 22

Multiple Choice

When a society proscribes sexual relations among those it considers too closely related,these are rules of:

• A)genetics.
• B)exogamy.
• C)endogamy.
• D)polygamy.
• E)extragamy.

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Definitions:

Purchases

In accounting, refers to the acquiring of goods or services that are necessary for the operation of a business or for resale.

Cost Of Merchandise Sold

The total cost of acquiring or manufacturing the goods that were sold to customers during a period.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, preparing the books for the next period.

Customer Refunds Payable

A liability account representing the amount of money owed by a company to customers for returned goods or cancelled services.