Which of the Following Statements Is Incorrect

question 22

Multiple Choice

Which of the following statements is incorrect?

• A) Profit is a non-static measure and wealth is a static one.
• B) Profit is the difference between wealth at the start and at the end of the period.
• C) Profit represents the sum of all gains.
• D) Profit represents an increase in wealth.

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Definitions:

Triangulation

The use of multiple methods or data sources in research to improve the accuracy and validity of results by cross-verifying findings.

Ethnography

A qualitative research method focused on studying cultures, practices, and communities through observation and participation.

Sociometry

A quantitative method for measuring social relationships, used to identify the structure of groups and the position of individuals within them.