Which of the Following Is NOT a Definition of Cohabitation

question 9

Multiple Choice

Which of the following is NOT a definition of Cohabitation:

• A) When two or more people are roommates but not romantically involved.
• B) When a same-sex couple not legally allowed to marry reside in the same household.
• C) When a romantically involved couple is not married but living together.
• D) When a heterosexual couple lives together before getting married.
• E) When people live together and are romantically involved but do not plan to marry.

---

Definitions:

Accounts Receivable

Outstanding payments from customers to a firm for delivered goods or services awaiting settlement.

Adjusting Entry

An accounting record made at the conclusion of a financial period to distribute revenue and expenses to the correct period of their occurrence.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.

Income Statements

A financial report summarizing a company's revenues, expenses, and profits over a specified period.