Most Early Human Activity Centered on

question 14

Multiple Choice

Most early human activity centered on

• A)gathering food.
• B)acquiring wealth.
• C)construction projects.
• D)entertainment.
• E)warfare with encroaching clans.

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Definitions:

Gross Assets

The total value of all assets owned by an entity before deducting any liabilities or depreciation.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

Earnings Benchmarks

Standards or metrics against which a company's profitability can be measured.

Discretionary Spending

Expenditures made at the discretion of a business or individual, which are non-essential and can be adjusted or eliminated.