The Depression Created Much Poverty and Prompted Changes in Family

question 20

Multiple Choice

The Depression created much poverty and prompted changes in family behaviors.Which of the following occurred?

• A)The birth rate,marriage rate and divorce rate all fell dramatically.
• B)The birth rate,marriage rate and divorce rate all increased significantly.
• C)The birth rate fell but the marriage and divorce rates increased.
• D)The birth and marriage rates increased while the divorce rates decreased.

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Definitions:

Adjusting Entries

Journal records created at the close of an accounting cycle to distribute revenues and costs to the period they truly happened in.

Prepaid Insurance

The portion of insurance premiums that has been paid in advance and is considered a current asset on the balance sheet because it provides future economic benefits.

Cash Payments

Transactions that involve the transfer of currency or check from one party to another as a form of payment.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business.