Which of the following items should not be included as revenue for a state government?

A. Private property for which a state takes custody when the legal owner cannot be found.
B. Amounts received from other financing sources.
C. Property taxes levied in the current fiscal year.
D. Fines and licensing fees for which amounts cannot be budgeted.


Answer: B

Business

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The distinct competency of a retailer relative to its competitors is referred to as _____

a. economies of scale b. its cost advantage c. a focused strategy d. its competitive advantage

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A foreign corporation is one that is incorporated in another nation

Indicate whether the statement is true or false

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Which of the following is a model of combining the trend and seasonal components?

a. subtractive b. multiplicative c. trend-adjusted exponential smoothing d. linear trend analysis

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Brassy obtains an insurance policy for her electric guitar collection from Crest Insurance Company. Brassy can cancel the policy

A. at any time. B. only at the end of a period for which a premium has been paid. C. only if Brassy no longer has an insurable interest in the collection. D. only on advance written notice.

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