Conflict Theory States That Prejudice Is

question 40

Multiple Choice

Conflict theory states that prejudice is

• A)a tool used by powerful people to oppress others.
• B)built into culture itself.
• C)common among immigrants.
• D)common among certain people with rigid personalities.

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Definitions:

Manufacturing Costs

The expenses involved in producing goods, including labor, materials, and overhead.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including direct materials, direct labor, and manufacturing overhead.

Income Summary Account

An account used in the closing process that summarizes the revenues and expenses of a period, ultimately transferring the net income or loss to retained earnings.

Accounting Period

The time span for which financial statements are prepared, typically a year, a quarter, or a month.