Which of the Following Statements Is TRUE About Profits

question 35

Multiple Choice

Which of the following statements is TRUE about profits?

• A) Profits are excluded from the circular flow of the income diagram.
• B) The only portion of profits that are included in the circular flow diagram are the portion paid out in the form of dividends.
• C) Profits are considered one of the resources necessary for production.
• D) Profits are considered a cost of doing business.

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Definitions:

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or dependence.

CAGE Questionnaire

A tool used in screening for alcohol misuse, consisting of four questions aimed at identifying problematic drinking behaviors.

Alcoholism

A chronic condition marked by uncontrolled drinking and a preoccupation with alcohol, where alcohol use causes significant problems or distress.

Denial

A psychological defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.