The View That Elderly People Need to Remain Active in a Variety

question 35

Multiple Choice

The view that elderly people need to remain active in a variety of social spheres is called "______."

• A) stratification theories
• B) positivity effect
• C) activity theory
• D) disengagement theories

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Definitions:

Retained Earnings

The remaining net income for the company after distributing dividends to its shareholders.

Non-controlling Interest

An ownership interest in a subsidiary that is not significant enough to allow the holder to control or influence its policies.

Available-for-sale

A classification of financial assets indicating they can be sold in the future, not held to maturity or for trading immediately.

Derecognition

The removal of an asset or liability from a company's balance sheet when it is no longer controlled or owes it.