The Term Concordant Refers to When

question 131

Multiple Choice

The term concordant refers to when

• A) neither members of a twin pair show the same trait.
• B) both members of a twin pair show the same trait.
• C) an adopted child somewhat resembles its biological parents.
• D) only one member of a twin pair show the same trait.
• E) an adopted child somewhat resembles its adopted parents.

Grasp the primary objectives of financial accounting and its relevance to external users.

Recognize the importance and impact of ethics and social responsibility in accounting and business operations.

Identify and distinguish between the various types of business activities: operating, investing, and financing.

Learn the definitions and roles of assets, liabilities, equity, revenues, and expenses in the accounting equation.

---

Definitions:

Shrinking PC Market

A trend indicating a decline in the demand or sales of personal computers, often due to shifts toward mobile devices or other technologies.

Smartphone Markets

A sector of the technology industry focused on the production, distribution, and sale of smartphones, characterized by rapid innovation and competition.

Tablet Markets

The sector or industry dedicated to the manufacturing, distribution, and sale of tablet computers.

Homogeneous Oligopolists

Firms within an oligopoly market structure that offer products or services that are very similar, making them close substitutes for each other.