Which of the Following Best Explains Why You Are More

question 43

Multiple Choice

Which of the following best explains why you are more likely to see a poor person than a wealthy person picking up aluminum cans to sell?

• A)Wealthy people do not care about the environment.
• B)The opportunity cost of picking up cans is higher for wealthy people than for poor people.
• C)Wealthy people are more concerned about their public image than are poor people.
• D)Wealthy people are more aware of diseases transmitted through litter than are poor people.

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Definitions:

Assets Used

Refers to the assets that are employed or utilized in the operation of a business to generate revenue.

Earning Revenue

The process of generating income through the sale of goods, provision of services, or other business activities.

Expenses

The costs incurred by a business in the process of earning revenue.

Managerial Accountants

Professionals who focus on providing the financial information necessary for management to make decisions regarding the planning, direction, and control of an organization.