Being in the Upper-Upper Class Is Usually the Result of _____;

question 93

Multiple Choice

Being in the upper-upper class is usually the result of _____; being in the lower-upper class is more a matter of _____.

• A)birth; achievement
• B)business success; birth
• C)gender; birth
• D)high-income; low-income

---

Definitions:

Cost of Goods Available for Sale

The total cost of inventory that a company has in stock and is available to be sold, including both beginning inventory and purchases made.

Sales Discount

A reduction in the selling price offered by a seller to a buyer, usually to encourage prompt payment.

Sales Allowance

A reduction in the selling price of goods, granted by the seller to the customer for partial refund due to minor defects or issues in the sold goods.

Discount Period

The time frame during which a payment can be made at a reduced rate, often related to invoice payments.