The Economic Resources of a Business That Are Expected to Produce

question 41

Multiple Choice

The economic resources of a business that are expected to produce a benefit in the future are:

• A)liabilities.
• B)assets.
• C)owners' equity.
• D)expenses.

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Definitions:

Functionalist

Pertaining to a sociological perspective that emphasizes the role each part of society plays in maintaining the stability and functionality of the whole.

Conflict

A struggle or an opposition between individuals, groups, or ideas, arising from differences in interests, beliefs, values, or goals.

Agent of Socialization

Individuals, groups, or institutions that play a part in integrating people into society, helping them to internalize societal norms and values.

Gender Socialization

The process by which men and women learn the expectations associated with their sex.