In Modern Times, Slavery Takes on a Wide Variety of Forms

question 27

Multiple Choice

In modern times, slavery takes on a wide variety of forms. Which of the following are among those forms?

• A) Child labor
• B) Use of children in armed conflict
• C) Trafficking in women and children for prostitution
• D) All of these are modern forms of slavery.

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Definitions:

Useful Life

The estimated period over which a fixed asset is expected to be useful for the purpose it was acquired.

Salvage Value

The estimated remaining valuation of an asset after its effective life period.

Salvage Value

The assessed remaining value of an asset following the completion of its usability period.

Cash Operating Costs

Expenses related directly to the operation of a business, excluding non-cash expenses like depreciation.