Neema Belongs to a Foreign Country and Has Been Living

question 25

Multiple Choice

Neema belongs to a foreign country and has been living in the United States for several years. Despite having adopted the dominant culture, she feels that she is not being completely accepted into the American society. Which of the following terms best describes Neema?

• A) marginalized individual
• B) Afrocentric individual
• C) member of a dominant group
• D) racist

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Definitions:

Net Realizable Value

The estimated selling price in the ordinary course of business, less any costs of completion, disposal, and transportation.

Cost of Goods Sold

The immediate expenses related to manufacturing the products a company sells, which consist of materials and labor.

Inventory

The tangible property held for sale in the normal course of business, or to be used in producing goods or services.

Lower of Cost

An accounting principle that adjusts the value of an inventory or asset to the lower of its historical cost or its market value.