Which of the Following Would Best Describe a Norm

question 98

Multiple Choice

Which of the following would best describe a norm?

• A) A norm is subjective and therefore differs between individuals. Therefore, identifying a cultural norm is almost impossible.
• B) Norms are the laws of a culture. They are behaviours that are so important that they are written into law.
• C) Norms are so "normal" to a group that even small children can describe them in detail to outsiders.
• D) Norms are the universal behaviours that set us apart as humans irrespective of the culture a person happens to live in. Norms allows persons to understand at least parts of other cultures.
• E) A norm is what is considered normal within a group. They are so taken for granted that most people don't know what their norms are until they see one violated.

---

Definitions:

Inventory Expenses

Costs associated with ordering, storing, and managing inventory, including but not limited to purchase costs, storage fees, and losses due to shrinkage.

Selling Expense

Costs incurred directly and indirectly in making sales; these can include advertising, sales staff salaries, and commissions.

Periodic Inventory Method

An accounting method that updates inventory and cost of goods sold figures at the end of an accounting period, not at each sale.

Cost Of Merchandise Sold

The total cost incurred to purchase or produce the goods that have been sold to customers during a specific period.