Which of the Following Is True of the Period of Development

question 108

Multiple Choice

Which of the following is true of the period of development known as late adulthood?

• A) It involves rapid physical changes and the development of sexual characteristics.
• B) It is a time of establishing economic independence and advancing in a career.
• C) It begins in the early 20s and lasts through the 30s.
• D) It is a time of life review, retirement, and adjustment to new social roles.

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Definitions:

Physical Form

Refers to the tangible structure or configuration of an object, particularly indicating its real, material state as opposed to a digital or conceptual form.

Retained Earnings

The cumulative net income of a company that is retained within the company for reinvestment, rather than being paid out as dividends.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances in temporary accounts to permanent accounts, preparing the books for the next period.

Zero Balance

Zero balance describes an account status in which the available balance is exactly zero, indicating no funds are currently available or outstanding.