Based on the 2001 Census, the Majority of Canadians Are

question 56

Multiple Choice

Based on the 2001 census, the majority of Canadians are of what ancestry?

• A) English
• B) French
• C) Italian
• D) Both English and French
• E) Neither English nor French

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.

Demand Deposits

Refers to funds held in bank accounts from which money can be withdrawn at any time without any advance notice to the institution.

Principles Of Internal Control

Principles Of Internal Control are the guiding rules designed to safeguard assets, ensure accurate financial reporting, promote operational efficiency, and encourage adherence to policies.

GAAP

Generally Accepted Accounting Principles are a compilation of universally accepted standards and rules for accounting and financial reporting.