Arab Americans, on Average, Have Attained Higher Levels of Education

question 54

Multiple Choice

Arab Americans, on average, have attained higher levels of education and income than the general population.For this reason, some have labeled the ethnic group a(n) ______ minority.

• A)economic
• B)cultural
• C)professional
• D)model

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Definitions:

Accrued Expenses

Expenses that have been incurred but not yet paid, representing liabilities on the balance sheet.

Accounts Payable

Money owed by a company to its creditors for goods and services that have been purchased on credit.

Gain

An increase in wealth or resources, typically realized through the sale of an asset for more than its purchase price.

Accrued Selling Expenses

Expenses that have been incurred but not yet paid in the selling process, recorded on the balance sheet.