In Cale's Accounting Records, What Amount Would Appear on December

question 18

Multiple Choice

In Cale's accounting records, what amount would appear on December 31, 2017 for equity in subsidiary earnings?

• A) $77,000.
• B) $79,000.
• C) $125,000.
• D) $127,000.
• E) $81,800.

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Definitions:

Idiocentric Person

Refers to individuals who are primarily focused on their own interests, goals, and needs rather than those of the group they belong to.

Allocentric Person

Describes someone who is other-focused, placing the group's needs and concerns above their own personal interests.

Friendly

Characterized by showing kindness, warmth, and support towards others, making for pleasant and agreeable interactions.

Collectivism

A cultural value that emphasizes the importance of groups and collective action, prioritizing group goals over individual ones.