Which of the Following Statements Is True

question 20

Multiple Choice

Which of the following statements is true?

• A) Chronic diseases appear and develop more quickly than most other diseases.
• B) Genetics and lifestyle factors play the biggest role in how chronic diseases appear and develop.
• C) Chronic diseases are often referred to as "communicable diseases" because of the ease in which they spread from person to person.
• D) Chronic diseases are the third-highest cause of death in the world.

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Definitions:

Return on Investment

A measure of the profitability and efficiency of an investment, calculated as the return (or gain) from an investment relative to its cost.

Markup

An amount added to the cost price of goods to cover overhead and profit.

Absorption Costing

An accounting method that includes all direct costs and an allocated portion of fixed and variable overhead costs in the cost of a product.

Cost-plus Pricing

Setting the price of a product by adding a markup to its variable costs to ensure a margin of profit.