Which of the Following Statements About Religion Is FALSE

question 50

Multiple Choice

Which of the following statements about religion is FALSE?

• A) Religion serves only to maintain social solidarity; it does not create or maintain societal divisions.
• B) Political leaders never mix religion with politics.
• C) The functions of religious beliefs and practices vary with the society.
• D) Religious beliefs can help regulate the economy.
• E) Religion is often an instrument of societal change, even revolution.

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Definitions:

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for sales made on credit.

Receivables Turnover Ratio

The Receivables Turnover Ratio measures how effectively a company collects its outstanding credit, calculated by dividing net credit sales by the average accounts receivable.

Notes Receivable

Financial assets representing amounts owed to a company, payable within a certain period.

Dishonoured

Pertains to a financial instrument, like a check or promissory note, that is not paid upon presentation due to insufficient funds or any other reason for non-payment.