Which One of the Following Is Not a Classification of an Individual's

question 18

Multiple Choice

Which one of the following is not a classification of an individual's racial category according to the United States Bureau of Census?

• A) Caucasian or Other Pacific Islander
• B) Asian
• C) Some Other Race
• D) Native Hawaiian or Other Pacific Islander
• E) Two or More Races

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Definitions:

Capital Balances

The amount of money that owners have invested in a company plus any retained earnings or losses.

Net Income

The total profit of a business after all expenses and taxes have been deducted from total revenue.

Closing the Revenue

The process of transferring the balances from the revenue accounts to permanent accounts at the end of an accounting period.

Building Account

An account used to track the costs associated with constructing a building over a period of time.