The Portion of the Population That Is Surveyed as Potential

question 12

Multiple Choice

The portion of the population that is surveyed as potential labour force participants consists of:

• A) the entire population of Canada.
• B) the civilian non-institutional population.
• C) the entire civilian population that is 15 years of age or older.
• D) the entire population excluding the Northern territories and those living on native reserves.
• E) the unemployed plus the employed population.

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Definitions:

Transactions On Account

Financial activities that are recorded on credit, affecting accounts payable or receivable without immediate cash exchange.

Equipment On Account

The acquisition of equipment that is recorded on credit, where payment is deferred to a later date.

Recording Process

The systematic documentation of a company's financial transactions in the appropriate accounts of its accounting system.

Debit Entries

Bookkeeping entries that increase assets or expenses, or decrease liabilities, equity, or income.