Metropolitan SAs Can Best Be Described As

question 24

Multiple Choice

Metropolitan SAs can best be described as:

• A)statistical reporting units with a population of 50,000 or more.
• B)statistical reporting units with at least one urbanized area populated by 50,000 or more.
• C)statistical reporting units with at least one urban cluster populated by 10,000 or more.
• D)statistical reporting units with at least one urban cluster populated by more than 10,000 but less than 50,000.
• E)statistical reporting units with at least one urban cluster populated by more than 10,000 but less than 50,000,plus adjacent territory that has a high degree of social and economic integration.

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Definitions:

Accrued Revenues

Revenues that have been earned by providing goods or services but have not yet been received or recorded in the accounting records.

Unearned Revenues

Money received by a company for services or products yet to be delivered or performed, considered a liability until the service or product is delivered.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the company's books.

Prepaid Expenses

Expenses paid in advance and recorded as assets until they are actually used or consumed.