Regarding the Relationship of Status and Touching, _____ Are More

question 147

Multiple Choice

Regarding the relationship of status and touching, _____ are more likely to touch _____ than the reverse.

• A)people of lower economic status; people of higher economic status
• B)older persons; younger persons
• C)women; men
• D)employees; their bosses

---

Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company for reinvestment or debt payment.

End-Of-Period Spreadsheet

A tool used in accounting to compile all balances and adjustments at the end of an accounting period before the preparation of financial statements.

Journal Entry

A record in accounting that represents a transaction and its effect on various accounts, used to keep track of all business transactions in a company's books.

Revenues

Income generated from normal business operations and other business activities.