Historically, More Than _____ of the Funds Distributed by USAID

question 23

Multiple Choice

Historically, more than _____ of the funds distributed by USAID have gone to governments, whose leaders assume responsibility for distributing these funds.

• A) 10 percent
• B) 30 percent
• C) 50 percent
• D) 60 percent
• E) 90 percent

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Definitions:

Net Income

The net income of a business, which is the amount remaining from total revenue after deducting all costs and taxes.

Depreciable Lives

The estimated period over which a fixed asset is considered to be useful and thus can be depreciated for accounting purposes.

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Income Statement

A financial statement that reports a company's earnings, expenses, and net income over a specific period.