Which of the Following Needs Is Always Satisfied by All

question 1

Multiple Choice

Which of the following needs is always satisfied by all families?

• A)Economic support
• B)Emotional support
• C)Social support
• D)All of the answers are correct.

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Definitions:

Useful Life

The period over which an asset is expected to be usable by an entity for its intended purpose.

Valuation Consolidation

The process of combining the financial statements of separate subsidiaries or entities within a group to present as one entity for the purpose of valuation.

Inventory

Goods and materials that a business holds for the ultimate goal of resale or processing in the production process.