Which of the Following Is Not a Component of the Davis-Moore

question 13

Multiple Choice

Which of the following is not a component of the Davis-Moore thesis?

• A) Every society must fill a wide variety of positions to ensure that people accomplish important tasks.
• B) Some positions are more important than others for a society's survival.
• C) The most qualified people must fill the most important positions.
• D) Social must offer greater rewards to motivate the most qualified people to fill the most important positions.
• E) People in the most important positions must train additional qualified persons to replace themselves.

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Definitions:

Retained Earnings

Cumulative net income of a company that has not been distributed to shareholders as dividends, reinvested in the business.

Non-Controlling Interest

The equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Consolidated Shareholders' Equity

This is the total equity owned by shareholders as reported in the consolidated financial statements of a parent company and its subsidiaries.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee, typically through owning a large percentage of its stock.