Which of the Following Statements Concerning the Representation of Racial

question 63

Multiple Choice

Which of the following statements concerning the representation of racial and ethnic minorities among American psychologists is TRUE?

• A)The number of minority members entering the field is about the same as it was 10 years ago.
• B)The number of minority members entering the field is higher than it was 10 years ago.
• C)The increase in the number of degrees awarded to minority members has outpaced the growth of the minority population.
• D)The number of minority members entering the field has decreased over the years.

---

Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle, whichever is longer.

Accounts Receivable Period

The average amount of time that it takes for a company to receive payments owed by its customers.

Calendar Year

The period from January 1st to December 31st, used for financial and administrative purposes.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to obtain immediate cash.