The Table Shows the Numbers $a _ { n }$ (In Thousands)of Residents from 2002 Through 2007

question 33

Multiple Choice

The table shows the numbers $a _ { n }$ (in thousands) of residents from 2002 through 2007. $$\begin{array} { | c | l | } \hline & \text { Number of residents, } \\&.\\{ \text { Year } }& a _ { n } \\&.\\\hline 2002 & 640 \\\hline 2003 & 655 \\\hline 2004 & 670 \\\hline\end{array}$$ $$\begin{array} { | l | l | } \hline 2005 & 670 \\\hline 2006 & 683 \\\hline 2007 & 699 \\\hline\end{array}$$
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Find the first differences of the data shown in the table.

• A) \(15,15,0,13,16\)
• B) \(15,13,0,15,16\)
• C) \(16,0,15,13,15\)
• D) \(0,15,0,13,16\)
• E) \(13,13,15,0,16\)

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Definitions:

Extraordinary Repairs

Infrequent expenditures that extend an asset’s life (such as a new engine in a car).

Betterments

Improvements that increase the efficiency of an asset by adding accessories or replacing parts with more effective/powerful ones.

Revenue Expenditures

Expenses incurred during the normal operation of a business that are expected to be consumed within the same accounting period.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.