It Is True That

question 66

Multiple Choice

It is true that

• A)profit is the excess in cash inflows from income over the cash outflows from expenses.
• B)income is recognised when the economic benefits are certain and can be reliably measured.
• C)whether a transaction is made with cash or credit has no effect on the profit of an entity.
• D)income is only recognised when cash is received

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Definitions:

Deviance

refers to behaviors or actions that violate societal norms, which can lead to social stigma or legal penalties.

Integrated Definition

A comprehensive explanation that combines elements from multiple perspectives or theories.

Deviant Behavior

Acts that violate social norms or values, which can range from minor infractions to major crimes.

Deviant Label

A label used in sociology to describe actions or behaviors that violate social norms or values.