One Important Modern Principle Used in Almost All Data Collection

question 47

Multiple Choice

One important modern principle used in almost all data collection about race and ethnicity involves:

• A) genetics
• B) social media
• C) face scanning
• D) self-identification

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from total revenue, often referred to as the bottom line.

Current Ratio

A liquidity ratio that measures a company’s ability to pay short-term obligations with its current assets.

Liquid

Describes assets that can be easily and quickly converted into cash without significant loss in value.

Quick Ratio

A liquidity measure that indicates a company's ability to pay its current liabilities without needing to sell inventory, calculated as (current assets - inventory) / current liabilities.