The USDepartment of Labor Tracks Labor Force Participation Rates for All

question 38

Multiple Choice

The U.S.Department of Labor tracks labor force participation rates for all adults over age 20 by race and sex.All of the following EXCEPT one reflects their 2009 data cited by Aulette.Which is FALSE?

• A)The majority of women work for wages.
• B)A larger percentage of black men work for wages than black men.
• C)A larger percentage of black women work for wages than black women.
• D)A larger percentage of Hispanic men work for wages than black men.

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Definitions:

End-Of-Period Spreadsheet

A document used in accounting to compile all balance sheet and income statement accounts at the end of a reporting period.

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

End-Of-Period Spreadsheet

A tool used in accounting to compile all balances and adjustments at the period's end before generating financial statements.

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjusting entries are made, ensuring that total debits equal total credits.