External Constraints Serve Primarily to Promote Family Formation and Child-Rearing

question 53

True/False

External constraints serve primarily to promote family formation and child-rearing in a moral and normative religious way,and consequently make marital separation and divorce difficult and especially hard on children.

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Definitions:

Owner's Drawings

These are the withdrawals of cash or other assets by the owner from the business for personal use.

Owner's Capital

The amount of equity in a company that belongs to the owner, including initial investment plus any retained earnings.

Salaries Expense

Represents the total amount paid to employees for services rendered during a particular period.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is globally accepted for financial reporting.