The USCensus Bureau Has Developed a Two-Level Classification System That Reflects

question 224

Multiple Choice

The U.S.Census Bureau has developed a two-level classification system that reflects the varying locations of the population.The smaller of these classifications is called the

• A)consolidated metropolitan statistical area.
• B)micropolitan division.
• C)metropolitan statistical area.
• D)minipolitan statistical area.
• E)micropolitan statistical area.

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Definitions:

Sell Receivables

The process of selling a company's accounts receivable to a third party at a discount in order to obtain immediate cash.

Ending Balance Sheet

A financial statement showing a company's assets, liabilities, and equity at the final moments of an accounting period.

Bill And Hold Sales

Transactions where revenue is recognized after billing the customer while the seller retains physical possession of the goods.

Shipments

The transportation of goods from one location to another.