Which of the Following Life-Span Phases Lasts the Longest

question 93

Multiple Choice

Which of the following life-span phases lasts the longest?

• A)middle and late childhood
• B)adolescence
• C)middle adulthood
• D)late adulthood

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Definitions:

Sales Revenues

The income received by a company from its sales of goods or the provision of services, before any expenses are deducted.

Variable Costs

Variable expenses directly linked to the operational scale of a business.

Variable Costing

Variable costing is an accounting approach that includes only variable production costs (materials, labor, and overhead) in product costs, omitting fixed costs.

Net Income

The total profit of a company after all expenses, taxes and costs have been subtracted from total revenue.