Which Data-Gathering System Is Hoped to Soon Replace Many Aspects

question 30

Multiple Choice

Which data-gathering system is hoped to soon replace many aspects of traditional census surveys, including the so-called "long form"?

• A)American Demographics Survey
• B)Census of Population and Housing
• C)American Community Survey
• D)Current Population Survey

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Definitions:

Salvage Value

The forecasted sale price of an asset at the conclusion of its effective life span.

Annual Cost Savings

The reduction in total expenses achieved during a fiscal year, often as a result of efficiency improvements, renegotiating contracts, or eliminating waste.

Pretax Return

The profit a company generates before taxes are deducted.

Profitability Index

An economic instrument that evaluates the comparative profitability of an investment by dividing the current value of forthcoming cash flows by the initial cost of investment.