Relevant Cash Flows for Long-Term Decisions Include

question 6

Multiple Choice

Relevant cash flows for long-term decisions include:
I. Revenues for new projects or services
II. Variable costs for new projects or services
III. Labour or electricity savings for replacement of old equipment

• A) II and III only
• B) I and III only
• C) I and II only
• D) I, II, and III

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Definitions:

Holocaust

The systematic, state-sponsored persecution and murder of six million Jews by the Nazi regime and its allies and collaborators before and during World War II.

Band Society

A small, loosely organized group of hunter-gatherers who work together and share resources, usually consisting of 20-50 individuals.

State Society

A complex social organization characterized by a formal governmental structure and socioeconomic stratification.

Cultural Controls

Means of ensuring that individuals or groups conduct themselves in ways that support and maintain the established cultural order. They may be internal (ingrained sentiments about what is proper and what is not) or external (such as sanctions).