Words That Have What We Might Consider an Obvious Meaning

question 38

Multiple Choice

Words that have what we might consider an obvious meaning can often hold completely different meaning to others.The word dead,for example,might seem obvious to us,but signify an affliction to others,which demonstrates how language is

• A) organized into recognizable archives.
• B) connected to local stories and cultural values.
• C) embedded into texts and stories that are universal in nature.
• D) separate from the local folklore.

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Definitions:

Extraordinary Gain

A gain that arises from events or transactions that are distinct and infrequent in nature, not expected to recur regularly.

Provision For Inventories

An accounting practice where a reserve is made for potential decreases in the value of a company’s inventory.

Inventories Losses

Reductions in the amount or value of inventories due to factors such as deterioration, obsolescence, or theft, resulting in financial loss.

Lower Of Cost

An accounting principle requiring that the inventory is recorded at the lower of its cost or the current market value.