Use the Following Information to Answer the Following Questions -Refer to Homemakers

question 95

Multiple Choice

Use the following information to answer the following questions.
$\begin{array}{lr}\text { Homemakers } & 55,000 \\ \text { Retired Persons } & 25,000 \\ \text { College Students } & 32,000 \\ \text { Part-time Workers } & 39,120 \\ \text { Full-time Workers } & 523,700 \\ \text { Persons 16 years of age and older actively seeking employment } & 23,680 \\ \text { Individuals on strike } & 5,500\end{array}$
-Refer to Homemakers. The number of persons in the civilian labor force is:

• A) 679,000.
• B) 595,200.
• C) 592,000.
• D) 586,500.

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Definitions:

Financial Budgets

Plans that predict revenues, expenses, and cash flows over a specific period, helping businesses allocate resources and manage finances effectively.

Operating Budgets

Comprehensive financial plans used by an organization to forecast its expected revenues and expenses for a future period, guiding daily operations.

Budgeted Volume

The anticipated quantity or amount of sales, production, or activity planned for a future period.

Ending Inventory

The value of goods available for sale at the end of an accounting period.