Which of the Following Pieces of Information Do You Need

question 311

Multiple Choice

Which of the following pieces of information do you need to calculate the labor force participation rate?
I. the number of employed persons
II. the number of unemployed persons
III. the population
IV. the working age population

• A) I and III
• B) I and II
• C) I, II and IV
• D) I, II and III

Learn the different methods of searching legal databases, including Boolean and natural language searches.

Recognize the functionality and content of different legal research databases such as Westlaw and Lexis.

Understand the significance of KeyCite indicators for legal research.

Comprehend the importance of ensuring legal research findings are accurate and up-to-date.

---

Definitions:

Financial Accounting Standards Board (FASB)

The private sector body given the primary responsibility to work out the detailed rules that become generally accepted accounting principles.

Securities and Exchange Commission (SEC)

A U.S. government agency that oversees securities transactions, activities of financial professionals, and the stock market to protect investors.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss.

Liabilities

Financial obligations or debts owed by a company to external parties, which must be settled over time through the transfer of economic benefits.