All of the Following Are True EXCEPT ________

question 55

Multiple Choice

All of the following are true EXCEPT ________.

• A) cultural change occurs as new traits are accepted and absorbed into a culture
• B) cultural diffusion occurs quickly in almost every culture
• C) globalization is increasing the pace of cultural diffusion
• D) technological advances are increasing the pace of cultural diffusion

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Definitions:

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.

Net Investment

The total amount spent on purchasing new capital assets minus depreciation on existing assets, indicating the actual increase in a company's capital stock.

Cash Operating Costs

Expenses directly related to the daily operational activities of a business, excluding financing costs and taxes.

Depreciated

An accounting process of allocating the cost of a tangible asset over its useful life, reflecting its decrease in value over time.