A Key Factor in Determining If an Aging Parent Lives

question 19

Multiple Choice

A key factor in determining if an aging parent lives with his or her children is the:

• A) Financial ability of the hosting family to provide space and care for the grandparent.
• B) Financial ability of the aging parent to help pay for living expenses of the hosting family.
• C) Cultural beliefs with individualistic cultures expecting to care for their aging parents.
• D) Cultural beliefs with traditional or collectivist cultures expecting to care for their aging parents.

---

Definitions:

Competence

The ability or skill of an individual or organization to effectively perform or carry out a particular task or role.

Basic Information System

A foundational structure that collects, stores, manages, and distributes information for the purpose of improving decision-making and coordination.

External Users

Individuals or entities outside of an organization who are interested in its financial information, such as investors, creditors, and analysts.

Historical Data

Information from the past used for analysis to understand trends, patterns, and to plan future moves.