Which of the following is not true of the U.S. demographics?

a. By 2025, more than 50% of the population of Hawaii, California, New Mexico, and Texas will be from a majority group.
b. By 2050, the average U.S. resident will be from a non-European background.
c. By 2050, only 62% of the entrants into the labor force will be white, with half that number being women.
d. By 2007, 20.3% of the U.S. population spoke a language other than English at home.


a. By 2025, more than 50% of the population of Hawaii, California, New Mexico, and Texas will be from a majority group.

Business

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What will be an ideal response?

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A budget that plans the types and amounts of operating expenses expected that are not included in the selling expenses or manufacturing budget is a:

A. Sales budget. B. Selling expense budget. C. Overhead budget. D. General and administrative expense budget. E. Cash payments budget.

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Partnership accounting is the same as accounting for:

A. An S corporation. B. A sole proprietorship, except that separate capital and withdrawal accounts are kept for each partner. C. A corporation, except that retained earnings is used to keep track of partners' withdrawals. D. A C corporation. E. A foreign entity.

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Recession, currency valuations, and trade pacts are all examples of economic forces impacting the business environment

Indicate whether the statement is true or false.

Business