What Does the Term "Sandwich Generation" Refer To

question 58

Multiple Choice

What does the term "sandwich generation" refer to?

• A)dual-earner couples who are so busy with their careers they do not have time to cook
• B)young adults who are employed in low-paying jobs with few prospects for promotion
• C)middle-aged adults whose children are dependent and whose parents have increasing disability
• D)young lone parents who live with their own parents and also care for their children

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Definitions:

Net Income

The amount of earnings remaining after all expenses, including taxes and interest, have been deducted from total revenues.

Ending Inventory

The total value of all goods available for sale at the end of an accounting period, calculated to evaluate stock levels and assess cost of goods sold.

Consignor

The party in a consignment agreement that provides goods to another party (consignee) to sell on their behalf, retaining ownership until the goods are sold.

Consignee

The individual or entity to whom goods are shipped and who is responsible for receiving the shipment and completing any customs paperwork.