A Result of Closed Adoption Is Where

question 71

Multiple Choice

A result of closed adoption is where:

• A) the birth records are legally sealed except for health information.
• B) the biological parents know of the adopting parents, but neither the child nor the adoptive parents have access to information about the biological parents.
• C) the biological parents have limited access to the child after adoption.
• D) the birth records are sealed to everyone except members of the legal system.

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Definitions:

FVE Method

Refers to the Fair Value Evaluation method, a technique for assessing an asset's worth at its current market value.

Consolidated Net Income

The total amount of net income earned by a parent company and its subsidiaries, after intercompany transactions have been eliminated.

Equity Method

An accounting technique used by a company to record its investment in another company where it has significant influence but not full control, usually through the ownership of 20-50% of the voting stock.

Investment Revenue

Income earned from various forms of investments like stocks, bonds, and real estate properties.