Which of the Following Is a Functional Community

question 32

Multiple Choice

Which of the following is a functional community?

• A) a group of Sikh women
• B) a group of people who live on the West-End of a city
• C) members of a particular religious denomination
• D) a wealthy neighbourhood
• E) a group of women of colour

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Definitions:

Accounts Payables

Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.

GAAP

Generally Accepted Accounting Principles, a common set of accounting rules and standards used in the United States for financial reporting.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that are becoming the global standard for the preparation of public company financial statements.