Which of the Following Statements Is True of Social Classes

question 44

Multiple Choice

Which of the following statements is true of social classes?

• A) Social classes are society's temporary divisions.
• B) Members of a social class have unique and distinct values, interests, and behaviors.
• C) People within a social class tend to exhibit similar buying behavior.
• D) Income is the single factor that determines social class.
• E) Social classes universally exhibit identical product and brand preferences.

---

Definitions:

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives).

Publicly Available Information

Information that is not restricted and can be accessed by the general public, often used in the context of financial data and company disclosures.

Abnormal Return

A term used in finance to describe the profits or losses from a security or portfolio that differ significantly from expected or average returns.

Operating Segments

Components of a business that engage in business activities from which they may earn revenues and incur expenses, including results that are reviewed by the company's management.