Lifestyle Factors Include All of the Following Except

question 10

Multiple Choice

Lifestyle factors include all of the following except:

• A) physical activity level.
• B) ability to handle stress.
• C) genetic predispositions.
• D) use of alcohol.

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Definitions:

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but retained by the company for reinvestment.

MACRS 3-Year Class

A category under the Modified Accelerated Cost Recovery System (MACRS) for depreciating certain types of business property over three years.

Amortized

Amortization is the process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Residual Value

The estimated value of an asset at the end of its useful life.