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For each of the independent events listed below, analyze the impact on the indicated items at the end of the current year by placing the appropriate code letter in the box under each item.
Code: O = item is overstated
U = item is understated
NA = item is not affected
Masters
In an educational context, refers to advanced degrees following a bachelor's degree, such as Master of Arts (M.A.) or Master of Science (M.Sc.), indicating a higher level of study in a particular field.
Demographic Projections
Demographic projections are estimates of future population changes, considering factors like birth rates, mortality rates, and migration patterns.
Racial Minority
Groups of people who are distinguished from the majority population based on race or ethnicity.
United States
A country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.
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