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Marilyn Has Worked at the RCMP Office for 23 Years

question 23

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Marilyn has worked at the RCMP office for 23 years as an exhibits clerk.She walks at lunch every work day with the women in the filing room and they all meet for a drink after work every Friday night.What type of social group do Marilyn and her friends from work comprise?


Definitions:

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not have full control.

Carrying Value

The book value of an asset or liability on a company's balance sheet, calculated as the asset's original cost minus accumulated depreciation, amortization, or impairment charges.

Investment Income

Income earned from investments such as dividends on stocks, interest on bonds, or rental income from property.

Equity Method

The equity method is an accounting technique used for recording investments in other companies, where the investment is initially recorded at cost and adjusted thereafter for the investing company’s share of the investee’s profits or losses.

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