All Parts of Culture Do Not Change at the Same

question 64

Multiple Choice

All parts of culture do not change at the same pace.Sociologist William Ogburn referred to this disparity as______________,a gap between the technical development of a society and its moral and legal institutions.

• A)cultural leveling
• B)cultural division
• C)cultural lag
• D)cultural diffusion

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Definitions:

Average Accounts Receivable

The average amount of money owed to a company by its customers for goods or services provided on credit over a specified period.

Inventory Turnover Ratio

A measure of how quickly a company sells and replaces its stock of goods within a given period.

Cost of Goods Sold

The total cost of materials and labor directly involved in producing goods or services sold during a period.

Beginning Merchandise Inventory

The value of goods on hand at the start of an accounting period for the purpose of sale in the course of business.