Which of the Following Is NOT True

question 110

Multiple Choice

Which of the following is NOT true?

• A) One in thirty people worldwide live outside of their nation of birth.
• B) Almost 1 in 5 U.S. adults were born in another county.
• C) Most recent U.S. immigrants came from Middle Eastern countries.
• D) The top nation in the percentage of foreign-born residents is Luxemburg.

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Definitions:

Tangible Asset

Physical and material assets that can be seen, touched, or quantified, such as machinery, buildings, and inventory.

Goodwill

The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

GAAP

Generally Accepted Accounting Principles; a collection of standardized guidelines and practices for financial accounting used in a particular jurisdiction.