If You Only Had One Million Dollars to Spend on a Population

question 73

Multiple Choice

If you only had one million dollars to spend on a population of 10,000 people in a village in a developing country,which of the following would have the greatest impact on their health?

• A)creation of reliable source of clean water and proper sewage systems
• B)medical supplies to treat labor-related injuries
• C)bring in large supplies of nutritious fresh fruits and vegetables
• D)take samples of the water and local foods to identify sources of toxins and carcinogens

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Definitions:

IFRS

International Financial Reporting Standards, a set of global accounting guidelines for preparing financial statements.

GAAP

Stands for Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting in the United States.

If Converted Method

An accounting method used to calculate diluted earnings per share, assuming all convertible securities were converted to common stock.

Treasury Stock Method

A method used to compute the number of new shares that could potentially be created by unexercised in-the-money warrants and options, used in the calculation of diluted earnings per share.