Another Name for a Legal Permanent Resident Is __________

question 92

Multiple Choice

Another name for a legal permanent resident is __________.

• A)authorized migrant
• B)legal immigrant
• C)naturalized citizen
• D)nonimmigrant

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Definitions:

Straight-line Method

A method of calculating depreciation of an asset by evenly spreading its cost over its useful life.

Interest Expense

The cost incurred by an entity for borrowed funds over a period, which can include payments on loans, bonds, or other forms of debt.

Bond Issued At Premium

A scenario when a bond is sold for more than its face value due to interest rates being lower than the bond's coupon rate.

Journal Entry

A record in accounting that represents a transaction where debits and credits are equal, showing a company's financial transactions.