Which of the Following Statements Is Correct

question 42

Multiple Choice

Which of the following statements is correct?

• A)There is no such thing as a cultural universal.
• B)There are cultural universals,but there is no single explanation about how they developed.
• C)Anthropologists believe that cultural universals exist because at one time there was a single human culture.
• D)Periodically cultural universals occur,especially at points of evolution.
• E)Human evolution could not occur without cultural universals.

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to determine investment value.

Lease Agreement

A contract between two parties where one party agrees to rent property owned by another party, often specifying terms and conditions for use and payment.

Straight-Line Method

A method of depreciation that allocates an equal expense amount to each year of the asset's useful life.

Effective-Interest Method

A way of calculating the amortized cost of a bond and the amount of interest expense over time.