About 23 Million People Were Added to the U

question 47

Multiple Choice

About 2.3 million people were added to the U.S.population in 2012.What percentage of this increase was due to immigration?

• A) 10%
• B) 20%
• C) 30%
• D) 40%
• E) 50%

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Definitions:

Foreign Currency Transactions

Transactions that involve the exchange of one currency for another, often occurring in businesses that engage in international operations.

Foreign Exchange Differences

The discrepancies arising when converting foreign currency transactions to a company's functional currency, due to changes in exchange rates.

Reporting Period

A reporting period is the span of time covered by a set of financial statements or reports, typically a quarter or a year.

Exchange Difference

The difference resulting from translating a certain amount of one currency into another at different exchange rates.