Bernice and Leo Never Had Children

question 85

Multiple Choice

Bernice and Leo never had children.They married in their thirties,and their efforts at fertility treatments did not succeed.Bernice and Leo are

• A)from low-SES backgrounds.
• B)involuntarily childless.
• C)voluntarily childless.
• D)probably self-indulgent

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Definitions:

Equity Method

An accounting technique used for recording investments in which the investor has significant influence over the investee but does not have full control.

Significant Influence

A situation in which an investor has the power to participate in the financial and operating policy decisions of an investee, but not control over them.

Operating And Financial Policies

Operating and financial policies are the strategies and guidelines that a company follows in its daily activities and financial decision-making processes.

Return On Excess Cash

A measure of how effectively a company is using its idle cash, beyond what is needed for its immediate operating needs, to generate returns.