Which of the Following Is an Example of Cultural Relativism

question 3

Multiple Choice

Which of the following is an example of cultural relativism?

• A) The United States outlaws Female Circumcision.
• B) An anthropologist advocates stopping infanticide on female children in India.
• C) Non-governmental organizations (NGOs) fund local groups who try to teach safer methods for practicing Female Circumcision.
• D) A student tries to understand why female infanticide is widespread in many Asian countries.

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Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives.

Indirect Method

A way of reporting cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company to reinvest in its core business or to pay debt.

Reported Net Income

The total profit or loss of a company after all expenses and taxes have been subtracted from total revenue, as shown on the income statement.