Accounting Is

question 101

Multiple Choice

Accounting is:

• A)focused on cash flow.
• B)the language of finance.
• C)an outgrowth of economics.
• D)Both a & b

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Definitions:

Bureau of Labor Statistics

A US government agency that collects, processes, and disseminates essential statistical data on labor market activity, working conditions, and price changes in the economy.

Adult Population

Refers to the portion of the population that is considered to be of working age, typically above 18 years old.

Employed Category

A classification used in labor statistics to describe individuals who are currently working for pay or profit, including full and part-time workers.

Underemployed

Referring to individuals working in jobs that do not utilize their skills and educational background or working fewer hours than desired.