____________ Is Defined on the Basis of Some Real or Presumed

question 46

Multiple Choice

____________ is defined on the basis of some real or presumed cultural characteristic, such as language or religion.

• A) Ethnicity
• B) Culture
• C) Race
• D) Biological heritage

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, reflecting the owning company's proportionate share of the investee's profits.

Unrealized Gain Or Loss

Changes in the fair value of equity or debt securities for a period.

Dividend Yield

The ratio of a company's annual dividends paid to its share price, expressed as a percentage.

Valuation Allowance

A reserve created by a company to offset a portion of the deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized.