Which of the Following Statements Regarding Texas Counties Is NOT

question 27

Multiple Choice

Which of the following statements regarding Texas counties is NOT true?

• A) The smallest county in Texas by population is Loving County, with eighty-two people.
• B) Brewster County has the largest geographic area, larger than Connecticut and Rhode Island combined.
• C) Historically, county boundaries were drawn so that a county's citizens could travel to the county church and return home in a single day.
• D) New counties may not be smaller than 700 square miles.

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Definitions:

Fiscal Year

A one-year period that companies use for accounting purposes and preparing financial statements, which might not align with the calendar year.

Indirect Method

A way of calculating cash flows in the cash flow statement where net income is adjusted for changes in non-cash accounts to arrive at cash provided by operating activities.

Operating Activities

Operating activities refer to the day-to-day operations of a business that generate revenue and incur expenses, impacting the company's cash flow.

Accounts Receivable

Monetary amounts owed to a company by its customers for goods or services provided on credit.