In 2006 New York City Announced That It Was Moving

question 7

Multiple Choice

In 2006 New York City announced that it was moving forward with a plan to allow transgender residents to change the sex listed on their birth certificates if they had lived in their adopted gender for at least two years; no physiological change or medical authorization would be required. How is New York City defining gender?

• A) New York is separating gender from sex.
• B) New York is treating gender as something immutable, or something you are born with.
• C) New York is accepting the principle of human sexual dimorphism.
• D) New York is taking an essentialist approach.
• E) New York is assuming that gender is stable over time.

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Definitions:

Deficit

A debit balance in the retained earnings account.

Retained Earnings

The portion of net earnings not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.

Treasury Stock

Shares that were once issued and outstanding but were subsequently repurchased by the company, reducing the number of shares on the market.

Organizational Expenses

Costs related to the formation and operation of a business entity, such as legal fees, accounting services, and incorporation fees.