Mollie Orshansky Used the U

question 22

Multiple Choice

Mollie Orshansky used the U.S.Department of Agriculture's recommendations for the minimum amount of healthy food,estimated the cost for a variety of family types,and multiplied this figure by a factor of three to measure:

• A) relative poverty.
• B) the poverty threshold.
• C) the official poverty line.
• D) absolute poverty.

Grasp the implications of a stock split, stock dividend, and the concept of retained earnings in corporate finance.

Understand the regulatory and legal framework surrounding the corporate form of business organization, including the concepts of limited liability and continuous existence.

Understand the process and implications of closing net income or loss to retained earnings or contributed surplus.

Recognize the definition and implications of a deficit in the Retained Earnings account.