A recognizable signal of fiscal stress is:
A. Increasing population.
B. Total revenues from own sources increasing as a percent of total revenues for all sources.
C. A decreasing ratio of total operating expenditures to population.
D. Declining property values.
Answer: D
You might also like to view...
Which statement best reflects the interview purpose?
a. The purpose sets the boundaries for who can talk in an interview. b. The purpose guides the desired outcome of the interview. c. The purpose establishes what types of questions should be asked. d. The purpose creates a sense of urgency in completing the interview.
Fitzgerald Computers is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over 3 years. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's Year 1 cash flow? Equipment cost (depreciable basis)$65,000 Straight-line depreciation rate33.333% Sales revenues, each year$60,000 Operating costs (excl. deprec.)$25,000 Tax rate25.0%
A. $29,351 B. $30,103 C. $30,875 D. $31,667 E. $32,458
Though a picture can be worth a thousand words, the most important facet of encoding is
A. the sponsor rather than the receiver. B. the self-visualization process. C. not what is sent, but rather what is received. D. not what is received, but rather what is sent. E. who draws the picture.
A minor may disaffirm a contract
a. at any time up until a reasonable time after reaching majority. b. only after reaching majority. c. but must do so before reaching majority. d. if it is for necessaries.