Which of the Following Is a Factor in Explaining Why

question 12

Multiple Choice

Which of the following is a factor in explaining why divorce rates increased so steeply in the 1960s and 1970s?

• A) Changes in the law made getting a divorce easier.
• B) Personal satisfaction became less important.
• C) Adults became less concerned about the welfare of their children.
• D) The stigma of divorce increased.

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Definitions:

Acquisition Differential

The disparity between what was paid to acquire a company and the fair market value of its recognizable net assets.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence over that company but does not have full control.

Bonds Payable

Long-term liabilities representing borrowed funds which the company is obligated to repay to bondholders at a specified future date.

Bond Discount

The difference between the face value of a bond and the price for which it is sold, when the bond is issued at less than its face value.