Both Dani and Veronica Are 24 Years Old

question 57

Multiple Choice

Both Dani and Veronica are 24 years old. Dani has her own apartment, has a full-time career, and is in a serious committed relationship. Veronica decided to continue with graduate school before getting a job and is currently living with her parents. She is not dating anyone at the moment. Why is Dani considered to have entered adulthood, while Veronica is still considered to be in the emerging adulthood stage?

• A) Dani is no longer in the adolescent stage of development, whereas Veronica is.
• B) Dani is in a relationship, whereas Veronica is not.
• C) Dani is no longer in school, whereas Veronica continues to be a student.
• D) Dani has adopted adult roles and lives independently, whereas Veronica is still dependent on her parents.

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Definitions:

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, including issuing debt, equity transactions, and paying dividends.

Direct Approach

A method of preparing the statement of cash flows where major categories of gross cash receipts and payments are reported.

Indirect Approach

A method of communication or problem-solving that is not straightforward, often involving suggestion or implication rather than direct statements.

Investing Activities

Financial operations that involve the purchase and sale of long-term assets and other investments not considered cash equivalents.