Sociologists Explain That the Consequences of Social Change Are

question 9

Multiple Choice

Sociologists explain that the consequences of social change are

• A)always positive.
• B)always negative.
• C)usually both positive and negative.
• D)impossible to assess.

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Definitions:

Residual Value

The estimated amount that an asset will be worth at the end of its useful life, after depreciation has been subtracted.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time due to use and wear and tear.

Accounting Principles

Rules and conventions that guide the accounting practices and financial reporting of businesses.