With Regards to the Hispanic Population, Which of the Following

question 305

Multiple Choice

with regards to the Hispanic population, which of the following is not true?

• A) About 23% of all children under 18 are Hispanic.
• B) About 20% of the U.S. population is Hispanic.
• C) In 2010, the Hispanic population of the U.S. was about 50.5 million.
• D) Hispanics are the largest ethnic group in the U.S.
• E) Hispanics are the fastest growing ethnic group in the U.S.

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Definitions:

Interest Receivable

An accounting term for interest income that is earned but not yet received in cash.

Accounts Receivable

The money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Installment Accounts Receivable

Amounts owed by customers for purchases made on credit that are to be paid in regular, periodic installments.

Non-current Asset

An asset that is not expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.