It Is Clear That Foreign Aid Is a Source of Discretionary

question 91

Multiple Choice

It is clear that foreign aid is a source of discretionary funds that _____

• A) benefit only poor people.
• B) benefit government leaders.
• C) benefit only rich people.
• D) benefit institutions like the World Bank and the IMF.
• E) benefit all common people irrespective of their economic status.

---

Definitions:

Gross Profit

The financial metric representing the difference between sales revenue and the cost of goods sold before deducting administrative and selling expenses.

Product Costs

Product costs include all costs directly associated with the production of goods, including raw materials, direct labor, and manufacturing overhead.

Expenditures

Outflows of cash or other valuable assets from a person or company to pay for goods or services.

Finished Products

Items or goods that have completed all stages of production and are ready for sale to customers.