During the Third Quarter of 20X8,Pride Company Sold a Piece

question 25

Multiple Choice

During the third quarter of 20X8,Pride Company sold a piece of equipment at an $8,000 gain.What portion of the gain should Pride report in its income statement for the third quarter of 20X8?

• A)$0
• B)$2,000
• C)$4,000
• D)$8,000

---

Definitions:

Intersectionality

A framework for understanding how aspects of a person's social and political identities (gender, race, class, sexuality, etc.) combine to create different modes of discrimination and privilege.

Multiple Identities

The concept that an individual can possess various identities based on their experiences, roles, and affiliations across different contexts and social groups.

Culturally-Informed Identities

Identities that are understood and shaped within the context of cultural backgrounds, acknowledging the influence of cultural norms and values.

Multicultural Therapies

Psychotherapy approaches that recognize and address the diverse cultural backgrounds of clients, incorporating cultural knowledge and sensitivity into treatment.