One Ramification of the Current Average Age of First Marriages

question 39

Multiple Choice

One ramification of the current average age of first marriages is:

• A) less honeymoon and travel time
• B) wedding ceremonies are larger
• C) less relatives are in attendance
• D) the giving of non- traditional items as gifts
• E) gifts are not given as often

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Definitions:

Operating Activities

The day-to-day tasks involved in managing a business which include production, sales, and the purchase of inventory.

Cash Dividends

A distribution of a company's earnings to shareholders in the form of cash payments.

Direct Method

A way of preparing a cash flow statement where actual cash inflows and outflows from operational activities are listed directly.

Operating Activities

Aspects of a business related to its core operations, including production, sales, and delivery of its products and services, as reflected in cash flows within the operating section of the cash flow statement.