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NEW QUESTION: 1
Which of the following statements is proved by the information in the two graphs?
A. The population will reach its limit by 2050.
B. When the rate of population growth increases, so does the population.
C. Even though the rate of population growth is decreasing, the population is increasing.
D. The rate of population growth will reach an all-time low in 2050.
E. When the rate of population growth decreases, so does the population.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Using the two graphs, you can compare the rate of population growth with the growth of the population.
The growth rate is decreasing, while the population is increasing. None of the other statements is supported by the graphs.
NEW QUESTION: 2
The rate of gross profit on Year 2 installment sales is:
A. 80%
B. 50%
C. 40%
D. 20%
Answer: D
Explanation:
The rate of gross profit on Year 2 installment sales is 20% [(US $5,000 of Year 2 installment sales - $4,000 cost of Year 2 installment sale=,) - $5,000 of Year 2 installment sales].
An entity sells goods on an installment basis. The table below includes information about the level of installment sales, the cost of the goods sold on installment, and the cash receipts on installment sales for Year 1 through Year 3. All cash receipt amounts shown are net of any interest charges.
NEW QUESTION: 3
A. Option B
B. Option D
C. Option A
D. Option C
Answer: B
NEW QUESTION: 4
Management has requested a post-implementation review of a newly implemented purchasing package to determine to what extent business requirements are being met. Which of the following is MOST likely to be assessed?
A. Implementation methodology
B. Results of live processing
C. Test results
D. Purchasing guidelines and policies
Answer: C
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