All of the Following Statements Are Correct EXCEPT

question 29

Multiple Choice

All of the following statements are correct EXCEPT:

• A) Successful businesses seek to meet their social and ethical responsibilities.
• B) Business is the economic pulse of a nation.
• C) Business includes nonprofit organizations that provide services to the public.
• D) Business provides goods and services necessary to an economic system.

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Definitions:

Raw Materials

Unfinished goods or materials consumed in the manufacturing process to create a final product.

Currency Exchange Rates

The worth of a currency in exchange for a different currency.

Equivalent Amount

The equal value of currency or expression of a sum in a different form or denomination, maintaining its value.

C$ Strengthens

When the Canadian dollar increases in value compared to other currencies.