Which of the Following Statements About Values Is True

question 1

Multiple Choice

Which of the following statements about values is true?

• A)It is impossible for someone to understand his or her values.
• B)Values evolve over time; they are not static.
• C)Values assimilated in childhood are those held for a lifetime.
• D)Values clarification tells a person how to act.

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Definitions:

Indirect Cost

Expenses not directly linked to the production of goods or services, such as administrative and marketing costs.

Bankruptcy

A legal proceeding for liquidating or reorganizing a business. Also, the transfer of some or all of a firm’s assets to its creditors.