How Many Hours a Week Did Early Foragers Generally Spend

question 32

Multiple Choice

How many hours a week did early foragers generally spend gathering food?

• A) One to three hours
• B) Forty hours
• C) Fifty hours or more
• D) Ten to twenty hours

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Definitions:

Economic Life

The expected period over which an asset remains useful to the owner or until it can generate economic benefits.

Artificial Time Periods

Divisions of time, not naturally occurring, created for the purpose of financial reporting, budgeting, or project scheduling.

Economic Entity Assumption

An accounting principle that treats a company as a separate entity from its owners or shareholders for financial reporting purposes.

Economic Events

Transactions and occurrences that have a direct impact on the financial position and performance of a company, including both internal and external activities.