Exhibit 28-1 ​

question 14

Multiple Choice

Exhibit 28-1
​

-Refer to Exhibit 28-1. If the Gini coefficient equals 0, then the Lorenz curve is

• A)point A.
• B)line OB.
• C)the horizontal axis from 0 to A.
• D)line AB.
• E)the horizontal axis from 0 to A and the line AB.

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Definitions:

Office Supplies

Items and materials used in an office for writing, printing, filing, and general functionality, including paper, pens, and office equipment.

Fees Accrued

Accrued fees are costs that have been incurred for services but have not yet been paid by the end of an accounting period.

Supplies Account

This is an account used in accounting to track the costs of supplies used in the operation of a business during an accounting period.

Wages Accrued

A liability representing wages earned by employees that have not yet been paid by the employer.