Given the Situation of the Residents and That They Did

question 106

Multiple Choice

Given the situation of the residents and that they did not take advantage of opportunities available to them,a(n) _______________resulted where there is little chance of upward mobility.

• A)collective efficacy
• B)underclass
• C)culture of poverty
• D)anomie

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Definitions:

Foreign Subsidiary

A company owned or controlled by another company, the parent company, that is based in a different country than the subsidiary.

Functional Currency

The functional currency is the main currency used by a business or economic entity, reflecting the primary economic environment in which it operates.

Opening Inventory

The value of the goods available for sale at the beginning of an accounting period.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determined by the currency that mainly influences sales prices for goods and services or the country whose competitive forces and regulations most affect the entity's performance.