Omar Is a Functionalist

question 33

Multiple Choice

Omar is a functionalist. He believes that the amount of pay associated with a job depends on:

• A) The number of men compared to women in the field
• B) How important the job is for society
• C) How much physical labor is required in the position
• D) The amount of power that comes with the job

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Definitions:

Financing Activities

Transactions and events where cash is raised for the business through borrowing or issuing equity, reflected in the cash flow statement.

Cash Flows

The movement of money into and out of a business, indicating the company's ability to generate cash from operations, investments, and financing activities.

Operating Activities

Day-to-day actions that a company takes in conducting its business, such as selling products, managing costs, and paying wages.

Net Income

The total profit or loss of a company after all revenues and expenses have been accounted for, also known as net earnings.