A Recent Longitudinal Study of Health Habits Found That _____

question 24

Multiple Choice

A recent longitudinal study of health habits found that _____ of adolescents reported no weekly exercise and _____ of those in emerging adulthood reported no weekly exercise.

• A) 10%; 26%
• B) 26%; 10%
• C) 5%; 46%
• D) 46%; 5%

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Definitions:

IFRS

Global accounting guidelines known as International Financial Reporting Standards are used for the preparation of financial statements.

U.S. GAAP

United States Generally Accepted Accounting Principles - a framework of accounting standards, principles, and procedures used in the U.S. for financial reporting.

Revaluation

The process of reviewing and adjusting the carrying value of an asset or currency to reflect its current market value.

Commercial Substance

A concept in accounting that signifies a transaction causes a change in the future cash flows that is significant to a business.