The Term for a Group of People Directly Linked by Kin

question 23

Multiple Choice

The term for a group of people directly linked by kin connections, the adult members of which assume responsibility for caring for children, is:

• A) affective primary group
• B) family
• C) monogamy
• D) community

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Definitions:

Straight-line Depreciation

A method of allocating the cost of a tangible asset over its useful life, evenly distributing the depreciation expense each year.

Double Declining-balance

A method of accelerated depreciation where an asset’s value is reduced at double the rate of traditional straight-line depreciation.

Net Income

The resultant profit or loss after all expenses and incomes, including tax expenses have been accounted for, over a period.

Straight-line Method

An approach to determining depreciation by consistently allocating the expense of an asset throughout its expected life.