Which of the Following Statements About Retirement Is True

question 60

Multiple Choice

Which of the following statements about retirement is true?

• A)Retirement typically results in decreased marital satisfaction.
• B)Retired couples have more conflicts and unresolved issues than younger couples.
• C)Retirement usually produces a change in gender roles as husbands take on more domestic chores.
• D)Retired couples typically have more time to enjoy each other's company.

---

Definitions:

Statement of Changes

A financial statement that reports on the changes in equity of a company during a specific period.

Inflow of Cash

The total amount of money coming into a company, typically from operations, investments, and financing.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

Issuance of Long-Term Debt

The process by which a company borrows money from financial institutions or through the sale of bonds, agreeing to repay the principal, along with interest, over a period longer than one year.