Which of the Following Represent the Smallest Racial or Ethnic

question 41

Multiple Choice

Which of the following represent the smallest racial or ethnic group in the U.S. of those groups tracked by the U.S. Census?

• A) Black or African American
• B) Hispanic or Latino
• C) Native American or indigenous American
• D) Asian American

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Definitions:

Initial Cost

The initial expenditure to acquire an asset or start a project, including purchase price, installation fees, and other upfront costs.

Double-Declining-Balance Method

A method of depreciation that provides periodic depreciation expense based on the declining book value of a fixed asset over its estimated life.

Residual Value

The remaining value of an asset after accounting for depreciation and usage over time.

Depreciation

A systematic reduction in the recorded value of a fixed asset, recognizing wear and tear over time.