The Study of Salvadoran Immigrants on Long Island Demonstrates That

question 53

Multiple Choice

The study of Salvadoran immigrants on Long Island demonstrates that __________.

• A)such refugees tend to stay on welfare for many years
• B)kinship ties play little role in adaptation
• C)many new immigrant people take on low-wage work that other Americans are unwilling to do
• D)like many East Asian immigrants, these people are "an economic success story"
• E)employment in the informal sector is more lucrative than employment in the formal sector

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Definitions:

Consolidation Entry

An entry made in the financial records to combine the assets, liabilities, and other financial items of parent and subsidiary companies into one set of financial statements.

Loss on Sale

This refers to the situation where the sale price of an asset is less than its book value, resulting in a financial loss for the entity.

Equity Method

An accounting technique used when an investor holds significant influence over, but not majority ownership of, another company, incorporating the investor's share of the profits and losses.

Equity Method

The equity method is a type of accounting used for investments, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the net assets of the investee.