On Which of the Following Concepts Will Fascism and Communism

question 12

Multiple Choice

On which of the following concepts will fascism and communism most likely agree?

• A)Materialism is the prime mover of history and politics.
• B)The ruling class oppresses other classes.
• C)Rationality should be rejected.
• D)The state directs all important aspects of life.

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Definitions:

Cash Flow

The net amount of cash and cash-equivalents moving into and out of a business, crucial for assessing the liquidity of an entity.

Trading Investments

Securities that a company holds for the purpose of selling them in the near term to profit from short-term price fluctuations.

Depreciation Expense

A non-cash expense that reduces the value of tangible assets over their useful life due to wear and tear or obsolescence.

Indirect Method

A method for preparing the cash flow statement, where net income is adjusted for non-cash transactions and changes in working capital.