According to the Social Class Model Developed by Sociologists Dennis

question 65

Multiple Choice

According to the social class model developed by sociologists Dennis Gilbert and Joseph Kahl, two-year or four-year college degrees have replaced the high school diploma as an entry-level requirement for employment in many __________ occupations, including medical technicians and nurses. This social class represents an estimated 30 percent of the U. S. population.

• A)middle-class
• B)upper class
• C)upper-upper class
• D)upper-middle class

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Definitions:

Cash Receipts Journal

A specialized accounting journal used to record all cash inflows or cash received by an organization.

Prepaid Insurance

An asset account representing insurance paid in advance, which will be expensed over the period it benefits.

Fees Earned

Income or revenue generated through providing services.

Creditor's Account

An account maintained to record transactions involving credit purchases or loans received, indicating the amount owed to suppliers or lenders.