Chapter 10: Government-Wide Financial Statements Multiple Choice 1. To what extent should fund or fund type data be displayed on the face of government-wide financial statements? a. Information should be displayed for the government as a whole‚ but individual funds or fund types should not be displayed. b. Information should be displayed by fund type‚ with a total for the government as a whole. c. Information should be displayed by major fund‚
Premium Finance Economics Investment
Chapter 2 Overview of the Financial System 2.1 Multiple Choice Questions 1) Every financial market has the following characteristic: A) It determines the level of interest rates. B) It allows common stock to be traded. C) It allows loans to be made. D) It channels funds from lenders-savers to borrowers-spenders. Answer: D 2) Financial markets have the basic function of A) bringing together people with funds to lend and people who want to borrow funds. B) assuring that the swings in the business
Premium Bond Stock market Stock exchange
40% Total Time spent: 17 minutes‚ 54 seconds Score for selected take: 40% (4/10) Time spent on selected take: 1. Your answer: Multiple Choice 15-1 Cash inflows from operating activities come from a. payment for raw materials. b. gains on the sale of operating equipment. c. collection of sales revenues. d. issuing capital stock. e. issuing bonds. 2. Your answer: Multiple Choice 15-2 Cash outflows from operating activities come from a. collection of sales
Premium Generally Accepted Accounting Principles Cash flow statement Asset
MULTIPLE CHOICE 1. The owner’s equity in a business amounted to $56‚000 at the beginning of the year and $100‚000 at the end of the year. The owner had made no additional investments and had withdrawn $19‚000 during the year. The net income for the year amounted to a. $76‚000. b. $67‚000. c. $63‚000. d. $188‚000. ANS: C DIF: Medium OBJ: LO 6-1 MSC: AACSB Analytic 4. Changes in owner’s equity that result from investments or withdrawals of assets by the owner are included in the a. statement
Premium Revenue Income statement Generally Accepted Accounting Principles
9/10/2014 1 CORRECT Multiple Choice Quiz Gilgamesh was A) a king of the city-state of Uruk. B) the hero in a popular Mesopotamian epic. C) a warrior in conflict with the city of Kish. D) the legendary loyal friend of Enkidu. E) All these answers are correct. 2 CORRECT Which of the following is NOT true of the land called Mesopotamia? A) It lies between the Tigris and Euphrates rivers. B) It is a land of abundant rainfall and fertile plains. C) It is located in modern-day Iraq. D) It was the
Premium Sumer Mesopotamia Uruk
Chapter 15 Monopoly 1. Monopolies use their market leverage to a. charge prices that equal minimum average total cost. b. attain normal profits in the long run. c. restrict output and increase price. d. dump excess supplies of their product on the market. ANSWER: c restrict output and increase price. SECTION: 1 OBJECTIVE: 1 2. If government officials break a natural monopoly up into several smaller firms‚ then a. competition will force firms to attain
Premium Monopoly Economics Marginal cost
1. Which of the following statements about heat is false? A) If heat flows into a system‚ the extra energy of the system appears in the form of internal energy. B) A hot object possesses more heat than a cold object. C) If the system and surroundings are in thermal equilibrium‚ there is no heat flow between them. D) A process in which heat flows out of a system is said to be exothermic. E) Heat is a form of energy flow. B is false. If you compare a cup of water at 25oC and a bath tub of
Premium Atom Electron configuration Electron
International Business‚ 13e (Global Edition) (Daniels/Radebaugh/Sullivan) Chapter 4 The Economic Environment 1) The recent global economic crisis has led to which of the following? A) governments seeking to impose more constraints on capitalism B) governments seeking to eliminate constraints on capitalism C) governments seeking to increase the interdependence of developing economies D) governments seeking to eliminate the interdependence of developing economies 2) Income‚ purchasing
Premium Mixed economy Economic system Planned economy
following are irreplaceable except (a) Fish (b) Trees (c) man (d) Gold 7. _______ % of the internal medium of living organism is water (a) 10 (b) 70 (c) 75 (d) 80 8. The following are metallic minerals except (a) Lead (b) diamond (c) Zinc (d) sand 9. The following are non-metallic minerals except (a) sand (b) gravel (c) salt (d) lead 10. Corrosive liquids have a high potential of cause _____ injury to the body (a) internal (b) external (c) systemic 11. Corrosive gases have
Premium Culture Oxygen The Culture
8.4 Multiple-Choice Questions 1) The human population is approximately ________. A) 1.5 million B) 6.5 million C) 1.5 billion D) 6.7 billion E) 10 billion Answer: D Diff: 1 Objective: 8.1 Scope of human population growth 2) During which time period did the world’s population more than double? A) 1750–1800 B) 1800–1850 C) 1850–1900 D) 1900–1950 E) 1950–2000 Answer: E Diff: 2 Objective: 8.1 Scope of human population growth 3) If a population
Premium World population Population growth Population