According to a Survey of a Random Sample of 3500

question 206

Multiple Choice

According to a survey of a random sample of 3500 U. S. adults taken in 1994 by Laumann and colleagues, approximately __________ of men and __________ of women describe themselves as having a homosexual orientation.

• A) 13%...7%
• B) 10%...10%
• C) 3%...1%
• D) 1%...5%

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Definitions:

Reasonable Assurance

An acceptable level of certainty or confidence in the accuracy of financial statements, provided by internal controls.

Petty Cash Fund

A small amount of cash on hand used for covering minor or incidental expenses in a business.

Cash Short

A situation where the actual amount of cash on hand is less than the recorded amount in the accounting records.

Journal Entry

An accounting record of a business transaction, indicating the financial effects on the company's accounts.