Greg J Duncan and a Team of Researchers Analyzed the Effect

question 20

Multiple Choice

Greg J. Duncan and a team of researchers analyzed the effect of parental income on the academic achievement of children. What do you think Duncan found given what you have read about socioeconomic status and life chances?

• A) There was no correlation between class status and educational achievement.
• B) Class status helped to predict high school grades but had no relationship to later academic success.
• C) Children from working-class families had a better work ethic and, therefore, were more likely to attend and graduate from college.
• D) Parental income was strongly correlated with academic achievement, especially in low-income families.

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Definitions:

Cost Control

The process of monitoring and reducing business expenses to increase profits.

Performance Measures

Metrics or indicators used to assess and quantify the efficiency, productivity, and success of an organization's activities.

Financial Performance

An assessment of how well a company can use assets from its primary mode of business and generate revenues.

Non-Financial Performance

Non-financial performance encompasses the qualitative aspects of a business's operations and success, such as customer satisfaction, employee morale, and brand reputation, which are not directly measured in monetary terms.