Regarding Regional Development in the Worldwide Context, Which of the Following

question 28

Multiple Choice

Regarding regional development in the worldwide context, which of the following statements is false:

• A) North America, Western Europe and Australasia account for over 60 percent of the world's GDP
• B) Latin America, Asia and Africa account for over 75 percent of the world's population
• C) All but about 45 of the world's 200+ countries are fully industrialized
• D) Africa and Asia's populations will increase the most at least until 2020

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Definitions:

Indirect Method

A cash flow statement preparation approach that adjusts net income for changes in balance sheet accounts to calculate operating cash flow.

Investing Activity

Financial actions involving the purchase and sale of long-term assets or investments outside of the core operations of a business.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since its acquisition.

Operating Activities

Business activities related directly to the production and delivery of goods and services, generating revenue.