Which of the Following Is a True Statement

question 47

Multiple Choice

Which of the following is a true statement?

• A) The Iroquois kinship system lumps mother and mother's brother into the same category.
• B) The Eskimo kinship system is the one that is most commonly used in the U.S.
• C) The Eskimo kinship system calls mother and mother's sister by the same term.
• D) The Iroquois kinship system is associated with bilateral descent.
• E) The Iroquois kinship system is most commonly found in food collecting societies.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them partial ownership of the company.

Dividends

Payments made by a corporation to its shareholder members, usually in the form of cash or stock, representing a share of the corporate profits.

Retained Earnings Account

An equity account on the balance sheet that represents the accumulated net income of a company that has not been distributed to shareholders as dividends.

Net Income

The amount of profit remaining after all expenses, taxes, and costs have been subtracted from total revenue.