Which of the Following Citizens Is Most Likely to Vote

question 3

Multiple Choice

Which of the following citizens is most likely to vote in a congressional election?

• A) Joseph Brockman, White, 18 years old, some high school education
• B) Rex Gates, White, 65 years old, graduate degree
• C) Juan Medina, Hispanic, 35 years old, high school education
• D) Monica Sampson, Black, 53 years old, college degree

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Definitions:

Period Costs

Costs that are taken directly to the income statement as expenses in the period in which they are incurred or accrued.

Inventory Accounts

Accounts used to track the cost of inventory that has been purchased but not yet sold to customers.

Manufacturing Company

A business that produces finished goods from raw materials by using various forms of labor, equipment, and processes.

Merchandising Company

A business that purchases finished goods for resale, making a profit on the difference between the buying and selling prices.