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Describe how the U.S. Census categorization of race and ethnicity has changed over time and discuss why this matters. How is racial/ethnic categorization related to public policy?
Legal Authority
An entity or institution that has the legally granted power to make decisions, and to enforce laws or rules.
Financial Statement
A summary report that comprehensively shows a company's financial performance and position at a specific point in time, including the balance sheet, income statement, and cash flow statement.
Statement of Operations
A financial report detailing a company's revenues, expenses, and profits over a specific period, also known as an income statement.
Revenues
Income earned from normal business operations and other activities, often reflected at the top of an income statement.
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