Which of the Following Is a Flow Variable

question 34

Multiple Choice

Which of the following is a flow variable?

• A)income
• B)money
• C)financial wealth
• D)all of the above
• E) none of the above

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Definitions:

Partnership

A statutory business form that includes shared management responsibilities and profit distribution among several individuals.

Proprietorship

A business model where a single individual owns the company and is responsible for its assets and liabilities, also known as a sole proprietorship.

Single Individual

Refers to one person acting in a capacity, either personally or legally, without partnership or company.

Business

An organization involved in the trade of goods, services, or both to consumers.