Final answer:
Hispanic Americans encompass a variety of backgrounds and nationalities and can be of any racial group; therefore, it is not accurate to classify nearly all Hispanics as White Americans, Black Americans, or Cuban Americans.
Step-by-step explanation:
The question 'Nearly all Hispanics are classified as:' presents an oversimplified view of racial and ethnic classifications, particularly when it comes to Hispanic Americans. The U.S. Census Bureau identifies "Hispanic or Latino" as an ethnicity that encompasses a variety of backgrounds and is independent of race. Thus, Hispanic individuals can belong to any racial group, such as White, Black, Asian, etc. It is important to understand that classifications such as Black Americans, White Americans, or Cuban Americans are not all-encompassing for the diverse Hispanic population. To illustrate, Hispanics can be of any race, including but not restricted to White Americans, Black Americans, or another racial identity.