Amanda Is a Student,an Employee,and a Mother

question 6

Multiple Choice

Amanda is a student,an employee,and a mother.When the photographer takes her picture,she is sitting in her study group studying for the midterm.Which of the following is accurate? Amanda's ________ is a student and her ________ is studying.

• A)status; role
• B)ascribed status; achieved status
• C)role; status
• D)achieved status; ascribed status

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Definitions:

Paid-In Capital

Funds that shareholders contribute to a company in exchange for equity, beyond the par value of the shares.

Par Value

The face value of a stock or bond as stated by the issuing company, which does not necessarily reflect its market value.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having voting rights and a claim on profits.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.