Which of the Following Statements About Life Expectancy Is FALSE

question 60

Multiple Choice

Which of the following statements about life expectancy is FALSE?

• A)Women live longer than men do.
• B)Lifestyle factors are one reason for gender differences in life expectancy.
• C)Genetics have little influence on longevity.
• D)Being in the lowest 5 percent of income results in as much as a 5-year decrease in life expectancy.

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Definitions:

Unearned Rent Revenue

Payments received by a property owner for rent that are not yet considered earned income, as the rental period they apply to has yet to elapse.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial position.

Income Summary

A temporary account used in accounting to summarize all income and expenses for a period, closing the books and preparing them for the next period.

Beginning Inventories

The value of goods available for sale at the start of an accounting period, carried over from the end of the previous period.