Compared with 1990, the Number of Abortions in the US

question 12

Multiple Choice

Compared with 1990, the number of abortions in the US in 2003 was about

• A) The same
• B) 10% lower
• C) 15% higher
• D) 25% lower

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Definitions:

Tax Deductible

Expenses that can be subtracted from gross income to reduce the taxable income.

Warranty Liability

An obligation reported on a company's balance sheet that represents the estimated costs of fulfilling the terms of warranties offered on products sold.

Deferred Tax

The amount of income tax payable/recoverable in future reporting periods in respect of temporary differences and tax losses.

Balance Date

The date on which a company's financial year ends and financial statements are prepared to reflect the company's financial position.