Which Is the Largest Minority Group in the United States

question 53

Multiple Choice

Which is the largest minority group in the United States?

• A)Asians
• B)Native American Indians
• C)Hispanics
• D)African Americans
• E)Pacific Islanders

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Definitions:

One-Line Method

An accounting method used in consolidated financial statements where the investment in a subsidiary is presented as a single line item, reflecting the net assets of the subsidiary.

AASB 11

is an accounting standard that deals with the financial reporting of interests in joint arrangements.

Joint Operations

A business activity in which two or more parties share control and are jointly responsible for management, assets, and liabilities associated with the activity.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a company's assets over their useful lives, reducing their book value.