Which of the Following Is a Characteristic of a Nonmetropolitan

question 131

Multiple Choice

Which of the following is a characteristic of a nonmetropolitan county?

• A) It is not socially or economically tied to a county with a major city.
• B) It has no cities with populations larger than 25,000 in it.
• C) It has no urban residents.
• D) It is at least 75 miles from a major city.

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Definitions:

AASB 127

The Australian Accounting Standards Board guideline that outlines the accounting and disclosure requirements for investments in associates and joint ventures.

Consolidated Financial Statements

Financial statements that represent the consolidation of a corporation and all its subsidiaries, portraying the financial position and performance of the company as a single entity.

Reporting Entity

A reporting entity is an entity or economic unit for which financial statements are prepared and presented to users.

Parent Entity

A company that has control, directly or indirectly, over other companies or subsidiaries.