According to Timasheff (1965), One of the Three Necessary Conditions

question 49

Multiple Choice

According to Timasheff (1965) , one of the three necessary conditions for a war to take place is

• A) aggressive impulses.
• B) a weaker nation's desire to dominate a stronger one.
• C) an antagonistic situation.
• D) a slight to the nation's honor.

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Definitions:

Direct Materials

Materials that can be directly linked to the production of a product and represent a substantial portion of the cost.

Accounting Rate of Return

A financial metric used to assess the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Annual Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues over a year.

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recover its initial cost.