Ethnic Group Membership Tends to Persist Because of the Emotional

question 5

True/False

Ethnic group membership tends to persist because of the emotional support it provides.Still,this is NOT an advantage of ethnicity.

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Definitions:

Financial Statement

Formal records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Permanent/Temporary

Refers to types of accounts in accounting, where permanent accounts show cumulative amounts that carry over to future periods, and temporary accounts are closed at the end of each period.

Normal Balance

The side (debit or credit) of an account on which increases to the account are recorded under double-entry accounting.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity.