Two People Get Divorced, and They End Up in Family

question 66

Multiple Choice

Two people get divorced, and they end up in family court. The mother is an accountant who makes about twice the father's income. They both have bachelor's degrees from a state school, but he spends time volunteering at a local homeless shelter. What makes it more likely that the mother will get sole custody?

• A) the father's contact with the homeless
• B) the mother's education
• C) the father's occupation
• D) the mother's family background
• E) the mother's income

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Definitions:

Ending Balance

The final amount in an account at the end of a financial reporting period, after all adjustments have been made.

Work in Process Inventory

Goods that are in various stages of the production process but are not yet finished products.

Job-Order Costing

An accounting methodology used for tracking the production costs (materials, labor, and overhead) of custom products or jobs, allowing for detailed monitoring and costing of individual orders.

Ending Balance

The final amount in an account at the end of an accounting period after all debits and credits are accounted for.