In 2009 Among the Following Nations, Which Had the Highest

question 102

Multiple Choice

In 2009 among the following nations, which had the highest percentage of persons who had graduated with a higher education degree?

• A) Poland
• B) Great Britain
• C) Japan
• D) Germany

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Definitions:

Normal Balance

The side (debit or credit) of an account that is expected to have a greater balance based on standard accounting practices.

Asset

Resources owned or controlled by a business or individual that are expected to produce economic value or future benefits.

Petty Cash Fund

A small amount of cash kept on hand by a business for making immediate payments for small, incidental expenses.

Cash Short

A situation where the actual cash differs from the expected amount during a financial transaction or at the close of a business day.