The Immigration Reform and Control Act of 1986 Altered Several

question 50

Multiple Choice

The Immigration Reform and Control Act of 1986 altered several immigration provisions of the INA of 1952 such as:

• A)preventing children and spouses of long-term international organization from residing in the United States.
• B)removing the immigrant category for dependents of employees of international organizations.
• C)allowing larger number of foreign students to adjust their status to that of lawful permanent resident aliens.
• D)providing a one-shot amnesty program under which illegal aliens who entered the United States before January 1, 1982, could become legalized.

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Definitions:

Short-term Solvency

The ability of a company to meet its short-term financial liabilities and obligations.

Financial Statement Analysis

The process of evaluating financial statements in order to assess a company's financial health and performance.

Du Pont Identity

A formula that breaks down the return on equity into three parts: profit margin, asset turnover, and financial leverage, to analyze a company's financial performance.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting standards and procedures used in the U.S.