Self-Help Groups Have Produced Numerous Benefits and Improved the Quality

question 44

Multiple Choice

Self-help groups have produced numerous benefits and improved the quality of life for many people. However, they have also been criticized for

• A) lack of professional presence and dropout rates.
• B) being unrealistically supportive and overindulgent.
• C) losing track of members and overfocusing on complex problems.
• D) lack of accurate success statistics and being inconsistent.

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Definitions:

Retained Earnings

The amount of net income left over for the business after it has paid out dividends to its shareholders.

Equity Component

A part of a compound financial instrument that represents a right to equity shares of the issuer, separate from other elements such as a debt component.

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners, including all unrealized gains and losses.

Statement of Changes

Refers to a financial statement that outlines the changes in equity of a company over a specific period due to transactions with owners and other comprehensive income.