According to the Text,there Has Been a 6 Per Cent

question 66

Multiple Choice

According to the text,there has been a 6 per cent increase in the number of working women over the past two decades (from 52% in the 1990s to 58% today) .This trend is an example of a(n) ________ change.

• A)cultural
• B)social
• C)attitudinal
• D)demographic
• E)economic

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Definitions:

Carrying Amount

The book value of an asset or liability on a company's balance sheet, reflecting adjustments like depreciation or amortization.

Loan Receivable

An amount of money that is loaned to another party in exchange for future repayment of the loan value or principal amount, along with interest or other finance charges.

Journal Entry

A record in accounting that documents a business transaction in the double-entry bookkeeping system.

Termination of Partnership

The process of dissolving a partnership agreement, often involving the distribution of assets and liabilities among the partners.