Meaning-and-Nature-of-Culture.pptx
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Culture refers to the customary beliefs, social forms, and material traits shared by people in a group. There are five key characteristics of culture: it is learned, shared, symbolic, integrated, and dynamic. Culture provides rules for proper conduct, shapes concepts of family and identity, and allows humans to overcome physical limitations through technology and social organization.
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2. Kroeber and Kluckhohn defined culture as patterns of behavior and thought, both explicit and implicit, acquired and transmitted by symbols, constituting the distinctive achievement of human groups.
3. Culture consists of aspects such as social organization, beliefs, language, tools, rituals, institutions, and artifacts that are learned, shared, and transmitted intergenerationally in a human population. Culture distingu
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Here are the solutions to the problem solving exercises:
1. Learning is Fun Company's total assets = Current assets + Noncurrent assets
= Php 100,000 + Php 76,000
= Php 176,000
2. For Happy Selling Company:
Total assets = Total liabilities + Total equity
= Php 10,000 + Php 20,000
= Php 30,000
3. Happy Selling's current assets = Cash + Accounts Receivable + Prepaid Expense
= Php 250,000 + Php 0 + Php 15,000
= Php 265,000
4. Happy Selling's current assets = Cash + Accounts Receivable +
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