Which of the Following Statements Is Correct

question 28

Multiple Choice

Which of the following statements is correct?

• A)When religions fail to meet the needs of followers,people tend to turn away from all forms of leadership.
• B)When religion does not meet the needs of its followers,prophets may come forth to create new religions.
• C)If religion fails to meet the needs of its followers,it is common for the society to become secularized.
• D)Religion always meets the needs of its followers;in fact,the state has relied on religion for centuries for stability.
• E)Religion never meets the needs of its followers;most people are part of religion because it is tradition.

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during their life, usually at the discretion of the bondholder.

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries as one entity.

Amortization

The gradual reduction of a debt over a period of time through regular payments or the systematic allocation of intangible asset costs over its useful life.

Common Stock

A type of equity ownership in a corporation, with voting rights and eligibility to receive dividends.