On what do the government-wide financial statements report?

A. Budgetary compliance.
B. The cost of government services.
C. Operational accountability.
D. Fiscal accountability.


Answer: C

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The prioritization of issues on an agenda includes three steps: determine which issues are most important and less important, determine whether issues are linked or separate, and be willing to use "carrots" and "sticks."

Answer the following statement true (T) or false (F)

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Which of the following statements correctly describes the relationship between philosophical ethics and ethos?

A. What people do value and should value is, for all practical purposes, the same. B. Philosophical ethics is too abstract to be useful in everyday life situations. Following the mores and customs of one's culture is a more dependable way to make moral decisions. C. Individuals who obey the conventions, mores, and rules of their cultures are already acting ethically. No further philosophical reflection is required. D. Philosophical ethics distinguishes what people do value from what they should value.

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The growth of consumer cooperatives has been limited due to _____

a. fair practice legislation b. required consumer/member initiative and drive c. competitive actions by full-service retailers d. wholesaler use of full-time forcing

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Which of the following is not a primary role of an independent auditor?

A. Advise client on tax strategies. B. Determine whether a company's financial statements are materially correct. C. Assume legal and professional responsibilities to the public. D. All of these answer choices are correct.

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