Match the Following Terms with the Appropriate Definitions

question 114

Multiple Choice

Match the following terms with the appropriate definitions.
-An accounting method for long-term investments in equity when the investor has significant influence over the investee.

• A)Available-for-sale securities
• B)Equity method
• C)Parent company
• D)Consolidated financial statements
• E)Long-term investments
• F)Unrealized gain (loss)
• G)Trading securities
• H)Return on total assets
• I)Subsidiary
• J)Held-to-maturity securities

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Definitions:

Income Redistribution

The reallocation of wealth and income in a society, typically through taxation and government spending, aimed at reducing economic inequalities.

Lifetime Contribution

Recognition of an individual's enduring positive impact on a field or society over the span of their career.

Affordable Care Act

A comprehensive healthcare reform law enacted in 2010 aimed at increasing health insurance coverage and reducing healthcare costs.

Medicare Taxes

Taxes deducted from workers' paychecks to fund the Medicare program, which provides healthcare benefits to eligible elderly and disabled individuals.