The Lists Below Show Five Agricultural Crops in Alabama, Arkansas

question 244

Multiple Choice

The lists below show five agricultural crops in Alabama, Arkansas, and Louisiana.
$\begin{array} { l l l } \underline { \text { Alabama } } & \underline { \text { Arkansas } } & \underline { \text { Louisiana } } \\\text { soybeans (s) } & \text { soybeans (s) } & \text { soybeans (s) } \\\text { peanuts (p) } & \text { rice (r) } & \text { sugarcane (n) } \\\text { corn (c) } & \text { cotton (t) } & \text { rice (r) } \\\text { hay (h) } & \text { hay (h) } & \text { corn (c) } \\\text { wheat (w) } & \text { wheat (w) } & \text { cotton (t) }\end{array}$
Let U be the smallest possible universal set that includes all of the crops listed, and let A, K and L be the sets of five crops in Alabama, Arkansas, and Louisiana, respectively. Find each of the following sets.
- $\mathrm { A } ^ { \prime } \cap \mathrm { K } ^ { \prime }$

• A) \(\{ \mathrm { n } \}\)
• B) \(\{ c , p , r , t \}\)
• C) \(\{ c , n , p , r , t \}\)
• D) \(\varnothing\)

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Definitions:

Minority Interests

Shareholders' equity in a subsidiary not wholly owned by the parent company, representing minority shareholders' proportion.

Consolidation Adjustments

Adjustments made to the financial statements when combining the financial information of a parent company and its subsidiaries to prepare consolidated financial statements.

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries into one document.

Double Counting

A statistical or accounting error where a transaction or value is counted more than once, skewing results.