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A(n)_________________ Is an Amorphous Group of Persons Held Together by Virtue

question 84

Multiple Choice

A(n) _________________ is an amorphous group of persons held together by virtue of a lifestyle and the level of social esteem and honour others accord them.


Definitions:

Cash

Liquid assets held by a company or individual, used for transactions or as a reserve for future needs.

Accounts Receivable

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

Supplies

Materials or items used in the operation of a business or needed in the process of providing a service or making goods.

Accounts Payable

Liabilities owed by a company to its creditors for goods or services that have been delivered or used but not yet paid for.

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