Can an Effect Have More Than One Necessary Condition

question 17

Multiple Choice

Can an effect have more than one necessary condition?

• A)Yes, but no more than two.
• B)Yes, but no more than three.
• C)Yes, there can be many necessary conditions.
• D)No, since every effect has exactly one triggering event.
• E)No, since that would also require more than one sufficient condition.

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Definitions:

Accounting Period

A specific duration of time for which financial records are maintained and financial statements are prepared to assess a company's financial performance and position.

Gross Profit Margin

A financial metric that measures the percentage of revenue exceeding the cost of goods sold.

Cost Of Goods Sold

The total expense incurred by a business to manufacture or acquire products that were sold during a specific period.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs associated with making or selling products.