Mary and Jaime Are in a Relationship, and Both Agree

question 76

Multiple Choice

Mary and Jaime are in a relationship, and both agree to pursue outside relationships while keeping the relationship between the two of them the top priority. What label would their relationship have?

• A) Individual with multiple primaries
• B) Primary-plus
• C) Triad
• D) Polygamous

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Definitions:

Indirect Method

A way of calculating cash flows for the cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash operations.

Statement of Cash Flows

A financial statement showing the cash inflows and outflows from operating, investing, and financing activities over a specific period.

Operating Activities

Day-to-day business functions and transactions related to a company's core business operations, such as sales and purchasing.

Net Income

The profit a company has after all expenses, taxes, and costs have been subtracted from total revenue.