The producer price index is an accurate predictor of

A. future changes in the consumer price index.
B. the level of unemployment.
C. prime interest rates.
D. Internet business activity.
E. an individual's standard of living.


Answer: A

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Assume a government is determined to be a special-purpose government engaged in business-type activities only. Which of the following financial statements would be required?

A. Statement of Net Position, Statement of Revenues, Expenses, and Changes in Net Position, Statement of Cash Flows. B. Statement of Net Position, Statement of Activities, Statement of Cash Flows. C. Statement of Net Position and Statement of Activities. D. Balance Sheet, Statement of Revenues, Expenditures, and Changes in fund Balances.

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Some readers skim the contents of a report; consequently—

a. Visual representations of data lose their impact. b. The writer should be especially alert to possible distortion of data in visuals. c. The writer should minimize the written analysis of the data. d. The writer can appropriately present the entire report in PowerPoint slides.

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How do chronological résumés differ from functional résumés?

What will be an ideal response?

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Which of the following best describes direct effect?

A. It is the making of a decision by general agreement and in the absence of any voiced objection. B. It is the relinquishment of an obligation owed by another. C. It is a principle whereby a treaty may be invoked by a private person to challenge the actions of a state that is a party to the treaty. D. It is a principle that governments must make their rules, regulations, and practices open and accessible to the public and other governments.

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