Use the Following Information to Answer the Question(s)below

question 19

Multiple Choice

Use the following information to answer the question(s) below.
The town of Mayberry receives a gift of $500,000 in bonds.The contributor instructs that the principal should remain intact,but the annual interest income of $50,000 can be used for the maintenance of the zoo animals.
-Governments must record a liability for uncollected taxes instead of revenues for uncollected taxes if the taxes are going to be collected

• A)30 days after the fiscal year end.
• B)45 days after the fiscal year end.
• C)60 days after the fiscal year end.
• D)15 days after the fiscal year end.

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Definitions:

Social Necessity

Essential needs and requirements for individuals and societies to function and thrive, including shelter, healthcare, education, and security.

Gender Roles

Socially constructed roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

Cultural Standards

Refers to the norms and expectations that guide behaviors within a specific culture.

Self-Fulfilling Prophecy

The phenomenon whereby a person's or a group's belief or expectation brings about its own fulfillment, thus confirming the initial belief or expectation.