A Primary Concern of Social Scientists Is That Recent Trends

question 2

Multiple Choice

A primary concern of social scientists is that recent trends, such as occupational mobility (the movement of individuals for job-related reasons) , will

• A) Isolate nuclear families from those who can help nurture and care for their children.
• B) Increase employment opportunities for parents.
• C) Increase the number of children in quality child care settings.
• D) Increase the number of child labor laws.

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Definitions:

Balance Sheet

A financial statement that shows a firm’s assets, liabilities, and owner’s equity.

Income Statement

A financial statement that shows the revenue and expenses of a firm, allowing you to calculate the profit or loss produced in a specific period of time.

GAAP

Generally Accepted Accounting Principles; a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Accounting Standards

Formal guidelines and principles designed to improve the transparency and consistency of financial reporting and accounting practices.