A Need That Has Been Shaped by a Person's Knowledge

question 175

Multiple Choice

A need that has been shaped by a person's knowledge, culture, and personality results in a

• A) desire.
• B) want.
• C) utility.
• D) demand.
• E) requirement.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Operating Activities

Activities related to the core business functions of a company, such as selling goods or services and managing expenses.

Stock Dividend

A payment of additional shares of stock to shareholders instead of cash.

Financing Activities

Activities that result in changes in the size and composition of the equity capital or borrowings of an entity.