According to a Survey Published in Monthly Labor Review,January 2012,approximately

question 3

Multiple Choice

According to a survey published in Monthly Labor Review,January 2012,approximately 45 percent of the new entrants during the 2010-2020 time span will be ____.

• A) men
• B) women
• C) white men
• D) Hispanic women

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Definitions:

Legal Life

The duration for which an asset is legally permitted to be used or the period a legal agreement is effective.

Amortized

The process of gradually reducing a debt through periodic payments of principal and interest over a set term.

Ordinary Repairs

Expenditures for routine maintenance and upkeep of assets, charged as expenses to ensure the operational efficiency of an asset.

Plant Asset

Plant asset refers to long-term tangible property, plant, and equipment that a company uses in the production of its goods and services.