Which of the Following Is True of a Credential Society

question 66

Multiple Choice

Which of the following is true of a credential society?

• A)Access to good jobs depends on the possession of a certificate or a diploma.
• B)Intelligence and skills are the most important factors in getting a job.
• C)Credentials do not need to be socially validated.
• D)Educational credentials have little impact on social and economic mobility.

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Definitions:

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not align with the calendar year.

Supplies Expense

Costs associated with consumable items or supplies used in the day-to-day operations of a business.

Adjusting Entry

An adjusting entry is a journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate years.

Physical Count

A method used in inventory management to ensure the actual number of items in stock matches the recorded numbers by counting them manually.