Anything of Value Owned by a Person or a Firm

question 186

Multiple Choice

Anything of value owned by a person or a firm is

• A)an asset.
• B)a liability.
• C)an entitlement.
• D)a durable good.

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Definitions:

Manifest Functions

Purposes and activities that are intended, recognized, and clearly evident.

Expressive Functions

The social and emotional roles that contribute to the cohesion and emotional well-being of a family or group, serving to nurture and maintain interpersonal bonds.

Instrumental Functions

refers to specific roles or tasks within a system or society that are aimed at achieving goals or meeting needs, often practical or resource-related in nature.

Non-traditional Gender Roles

Roles and behaviors that do not conform to historically established norms for men and women in society.