The Two Fastest-Growing Minority Groups in the United States Are

question 43

Multiple Choice

The two fastest-growing minority groups in the United States are

• A)Hispanics and Asians.
• B)Pacific Islanders and African Americans.
• C)African Americans and Native Americans.
• D)Caucasians and African Americans.
• E)Native Americans and Hispanics.

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Definitions:

Business

An organization or enterprise engaged in commercial, industrial, or professional activities, aiming to generate profits through providing goods or services.

Adjusting Accounts

The process of updating ledger accounts through adjusting entries to reflect accurate financial activity and positions.

Temporary Accounts

Accounts used to track revenues, expenses, and withdrawals or dividends during an accounting period, which are closed and reset at the end of the period.

Debits And Credits

Fundamental accounting principles that are used to record every financial transaction, where debits must equal credits in every transaction.