The Shriners Are a Fraternity Based on the Masonic Principles

question 42

Multiple Choice

The Shriners are a fraternity based on the Masonic principles of brotherly love, relief, and truth. They have roughly 375,000 members and 191 temples in the United States, Canada, and Mexico. The Shriners support Shriners Hospitals for Children, a system of 22 hospitals dedicated to improving the lives of children by providing specialty pediatric care. Why are the Shriners not a social movement?

• A) It's very hard to imagine membership in the Shriners transforming anyone's life.
• B) They aren't dedicated enough to their work.
• C) They do not seek to alter the status quo.
• D) They aren't organized enough.
• E) They don't have an ideological commitment.

---

Definitions:

Fair Value

An estimate of the market value of an asset or liability, reflecting the amount for which it could be exchanged or settled between knowledgeable, willing parties in an arm's length transaction.

Retained Earnings

Profits that a company has reinvested into the business rather than distributing to shareholders as dividends.

Financial Treatment

The method or approach used in accounting to manage and report the financial aspects and transactions of a business.

Ownership

The right to possess property, whether tangible or intangible, and exercise control over it.