Refer to the Following Table to Answer
Table

question 103

Multiple Choice

Refer to the following table to answer
Table 7.1: U.S. Employment Status (in thousands)
$$\begin{array} { l r r } & \text { Jan 2012 } & \text { Jan 2013 } \\\hline \text { Civilian noninstitutionalized } & & \\\text { population } & 242,269 & 244,663 \\\text { Unemployed } & 12,748 & 12,332 \\\text { Employed } & 141,608 & 143,322 \\\text { Not in Labor Force } & 87,913 & 89,008 \\\hline\end{array}$$
-Consider Table 7.1. Between January 2012 and January 2013, the unemployment rate ________ and the labor participation rate ________ (rounded to 1 decimal point) .

• A) rose; fell
• B) rose; rose
• C) fell; was about the same
• D) fell; fell
• E) Not enough information is given.

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Definitions:

Aging Schedule

A method used in accounting to display the breakdown of receivables or payables by their due dates, helping businesses manage their cash flow.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.

Credit Report

A document that contains a detailed history of an individual's or company's credit activities and current credit situation.

Risk Assessment

The identification, evaluation, and estimation of the levels of risks involved in a situation, followed by the coordination of resources to minimize, monitor, and control the probability or impact of unfortunate events.