Lillian Gilbreth Is Best Described as an

question 18

Multiple Choice

Lillian Gilbreth is best described as an

• A)industrial psychologist
• B)engineering psychologist
• C)office manager
• D)architect

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Definitions:

Consolidated Net Income

The total net income of a parent company and its subsidiaries, after eliminating intercompany transactions.

Unrealized Profit

Profit that has been made on paper through an investment but has not yet been realized by selling the asset in question.

After-tax Gain

The amount of profit that remains after subtracting the taxes owed on the gain.

Intercompany Profit

Intercompany profit arises from transactions between units of the same company, requiring elimination during the consolidation process to avoid inflating revenues and profits.