Which of the Following Statements Is True About Elder Abuse

question 90

Multiple Choice

Which of the following statements is true about elder abuse?

• A)Legal determination of elder abuse is set by the federal government in order to prevent states from applying inconsistent standards as to what constitutes elder abuse.
• B)The typical abuser is a family member.
• C)Research suggests that sons are more likely to be abusive to parents than daughters.
• D)It is estimated that 25 percent of people age 65 and older are abused in the United States.

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Definitions:

Repairs Expense

The cost associated with fixing or restoring property, equipment, or machines to their original condition, considered an expense on the income statement.

Store Equipment

Fixed assets like shelves, registers, and computers used in the operation of a retail store.

Periodic Inventory Method

An accounting method where inventory is physically counted and valued at specific intervals.

Voucher Payment

Voucher payment involves the use of a voucher system where approval documents are prepared and used as the basis for making payments to vendors.