Which of the Following Statements Is True

question 9

Multiple Choice

Which of the following statements is true?

• A) Blacks constitute 40 percent of the U.S. population
• B) The majority of blacks live in the south
• C) The black population is older than the population as a whole
• D) Blacks are more suburbanized than whites

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Definitions:

Accounts Receivable

Outstanding payments that customers are required to make to a business for received goods or services.

Bad Debt Risk

The risk associated with the possibility that a debtor will not fulfill their obligations as outlined in the terms and conditions.

Commercial Paper Instruments

Short-term unsecured promissory notes issued by companies to finance their immediate cash needs.

Prime Rate

The interest rate banks charge their largest and best commercial customers.