One of the Major Criticisms of Microfinance or Microcredit Is

question 2

Multiple Choice

One of the major criticisms of microfinance or microcredit is that the

• A) loans are rarely repaid.
• B) loans create a dependency on foreign handouts.
• C) loans do not help grow businesses that can hire employees.
• D) international community is not involved in making these investments.

Compute and recognize consolidation entries for intra-entity bond transactions.

Determine the amount of goodwill in a business combination.

Understand the procedures for preparing a consolidated statement of cash flows, including the treatment of intra-entity transactions.

Recognize how noncontrolling interests are reported in the consolidated financial statements.

---

Definitions:

Affection

A feeling of fondness or tenderness towards someone or something, often expressed through physical touch, kind words, or compassionate actions.

Development

The process of growth or progress in any aspect, including physical, emotional, intellectual, or social, over a period of time.

Parental Influences

The effects that parents have on their children’s development, behavior, beliefs, and personality through their actions, teachings, and relationship.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.