Which of the Following Is Not True About U

question 86

Multiple Choice

Which of the following is not True about U.S. census data?

• A) The census track is the smallest geographic entity for which census data is available.
• B) There are 8 million census blocks in the United States, each containing the residences of about 40 people.
• C) The block group is a collection of adjacent blocks that contain between 600 and 3,000 people.
• D) Census data are collected every 10 years.
• E) The data are not particularly user-friendly.

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Definitions:

Adjustment Necessary

A correction or modification required to ensure accuracy, typically in the context of financial records or statements.

Patent Account

A patent account is an intangible asset account that records the costs associated with the acquisition and registration of patents over their useful lives.

Unamortized Patent

The portion of a patent's acquisition cost that has yet to be expensed over its useful life to reflect its consumption or expiration.

Acquisition-Date

The specific date on which one company gains control over another company or business segment, pivotal for accounting and financial consolidation.