The ________ Marriage Rate Is Based on the Number of Persons

question 42

Short Answer

The ________ marriage rate is based on the number of persons in the population who are eligible to get married in a given year and corrects for the fact that two people are involved in every marriage.

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Definitions:

Cost Flow Assumption

Accounting assumptions used to calculate the cost of inventory sold and ending inventory value, such as FIFO, LIFO, or weighted average.

Reverse Order

A sequence of objects or tasks arranged in the opposite manner from which they were initially presented or executed.

Cost Flow Assumption

An accounting method that determines the value of remaining inventory and the cost of goods sold, such as FIFO or LIFO.