As of 2012,China's

question 69

Multiple Choice

As of 2012,China's

• A)population has doubled.
• B)fertility rate has declined from 4.5 to 1.5.
• C)population has 400 million more people than it would have had without the one-child policy.
• D)solution to population growth has been endorsed strongly by the 1994 Cairo Conference.

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Definitions:

Accounting Equation

The foundational equation in accounting represented as Assets = Liabilities + Equity, illustrating the structure of a balance sheet.

Net Income

The total revenue of a company minus its expenses, taxes, and costs, representing the company's profit.

Adjustment

A financial transaction that corrects or updates the accounting records, often made at the end of an accounting period to ensure accuracy.

Prepaid Rent

An accounting term that refers to rent payments made in advance of the rental period to which it relates, classified as a current asset on the balance sheet.