________ Encompasses the Behavior Patterns, Beliefs, and All Other Products

question 21

Multiple Choice

________ encompasses the behavior patterns, beliefs, and all other products of a particular group of people that are passed on from generation to generation.

• A) Culture
• B) Genotype
• C) Phenotype
• D) Ethnocentricity

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Definitions:

Cost of Goods Sold

Expenditures directly resulting from the manufacturing of a company’s products for sale, comprising materials and employee wages.

Merchandise Inventory

Items purchased by a company for the purpose of being sold to customers; considered a current asset on the balance sheet.

Accounts Payable

Money owed by a company to its creditors for goods or services that have been received but not yet paid for.