Until Recently,culture and Ethnicity Were Not Studied in the Assessment

question 28

Essay

Until recently,culture and ethnicity were not studied in the assessment of personality.However,traditional research studies have been done extensively on family background,gender differences and life span development.(A)Share at least three reasons why culture and ethnicity are important concepts to add to present day research.(B)Now relate culture and ethnicity to such problems as gangs and turmoil in public schools.

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Definitions:

Aging of Receivables Method

This is an accounting technique used to estimate uncollectible receivables by analyzing and classifying accounts receivable according to their age.

Accounts Receivable Turnover

A financial ratio that measures how many times a company can turn its accounts receivable into cash during a period.

Accounts Receivable Turnover

A financial metric that measures how many times a company can turn its accounts receivable into cash within a given period.

Adjusting Entry

A journal entry made at the end of an accounting period to update account balances before preparing financial statements, ensuring they reflect the true financial position.