In 2000, the International Community Adopted and Concretely Specified Developments

question 7

Multiple Choice

In 2000, the international community adopted and concretely specified developments goals, the progresses of which are to be monitored by the World Bank. Of the goals included here, which goal is least likely to be achieved by their target dates, mostly 2015?

• A) Reducing the absolute poverty rate by half
• B) Increasing primary school enrolment
• C) Promoting gender equality
• D) Reducing deaths from measles and AIDS

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Definitions:

LIFO Method

An inventory valuation method that assumes the last items of inventory purchased are the first ones sold, potentially minimizing taxes in an inflationary period.

Purchase Order

A formal document issued by a buyer to a seller, detailing the products or services ordered and the agreed-upon price.

Periodic Inventory System

A system in which inventory levels are updated in the accounting records on a periodic basis, typically at the end of an accounting period.

Physical Inventory

A detailed listing of merchandise on hand.