Which Statement Best Describes Divorce and Remarriage in Old Age

question 29

Multiple Choice

Which statement best describes divorce and remarriage in old age?

• A) The percentage of older persons who are currently divorced is about the same as it was thirty years ago.
• B) For older persons the likelihood of remarriage is smaller than remarriage for younger age groups.
• C) Divorce in old age improves the economic status of men and women.
• D) Divorce results in greater contacts with adult children.

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Definitions:

Voting Stock

Shares that give the shareholder voting rights in a company's corporate decisions.

Consolidated Stockholders' Equity

The total amount of equity attributable to shareholders of the parent company and its subsidiaries after eliminating intercompany transactions and balances.

Percentage Allocation Method

A method used in accounting and finance to distribute amounts across various accounts or entities based on predetermined percentages.

Income Tax Expense

The amount of money that a company owes in taxes based on its taxable income.