Michelle Cairns Is in a Dilemma About Attending the Impending

question 25

Multiple Choice

Michelle Cairns is in a dilemma about attending the impending alumni meeting at her graduate school. While she would like to meet her old professors and friends, she is apprehensive about taking her lesbian partner to the gathering. This scenario reflects the _____ privilege that Michelle does not enjoy.

• A) race
• B) class
• C) sexual orientation
• D) personal
• E) gender

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Definitions:

Direct Method

An approach in accounting that allocates service department costs directly to producing departments without considering service departments' interrelations.

Operating Activities

Transactions and other events related to the primary operations of a business, such as selling products or services.

Indirect Method

A technique used in cash flow statement preparation that starts with net income and adjusts for changes in balance sheet accounts to arrive at cash flow from operating activities.

Cash Flows

The total amount of money being transferred in and out of a business, especially as affecting liquidity.