Which of the Following Statements Regarding Older Adults and Friendships

question 34

Multiple Choice

Which of the following statements regarding older adults and friendships is true?

• A) Older adults tend to maintain friendships the formed in early adulthood and not form new friendships later in life.
• B) Older adults tend to retain relationships with old friends who live far away, but their closest friends tend to live nearby.
• C) Older adults have more friends than younger adults.
• D) In older adulthood, men's friendships continue to be more intimate than women's.

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Definitions:

Precautionary Balances

Cash balances held in reserve for random, unforeseen fluctuations in cash inflows and outflows.

EOQ Model

Economic Order Quantity, an inventory management model that determines the optimal order quantity to minimize total inventory costs, including holding and ordering costs.

Safety Stock

A level of extra inventory maintained to mitigate the risk of stockouts caused by variations in supply and demand.

DSO

Days Sales Outstanding; a measure of the average number of days that a company takes to collect revenue after a sale has been made.