Which Statement Is True

question 180

Multiple Choice

Which statement is true?

• A)We have had at least one recession in the 1940s,1950s,1960s,1970s,1980s,and 1990s.
• B)We have had at least two recessions in any one decade since World War II.
• C)We have had at least three recessions in all of the decades since World War II.
• D)None of the choices are true.

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Definitions:

Vocational School

An educational institution that provides training and skills for specific trades or careers, focusing on practical job-related skills.

Revenue Variances

The difference between actual revenue and budgeted or forecasted revenue, indicating if a business is performing above, on, or below expectations.

Spending Variances

Differences between actual spending and budgeted amounts in a company's budget, indicating over or underspending.

Departmental Managers

Individuals responsible for overseeing the operations of specific departments within an organization, ensuring goals and objectives are met.