Explain the relationships among environmental factors, organizational factors, and financial factors in determining government financial condition.
What will be an ideal response?
Environmental factors (e.g., community needs, economic conditions, intergovernmental constraints, natural disasters, and political cultures) largely determine revenue capacity and demand for services. Organizational factors include management practices and legislative policies, including fiscal policies. Financial factors (e.g., revenues, expenditures, debt, and condition of the plant) impact how fiscal policy (i.e., organizational factors) within the government responds to environmental demand and changes in the environment. Illustration 10-1 in the text displays the relationship among these three factor groupings.
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When a company wishes to purchase and retire its own stock, the company must
a. decrease the stock account balances by the original issue price. b. record a gain or loss depending on the difference between original selling price and repurchase cost. c. get the approval of the state to do so. d. issue a different class of stock to the former stockholders.
Search attributes for a product is high if its quality can be assessed before purchase
Indicate whether the statement is true or false
__________ is data that is organized in a meaningful way.
Fill in the blank(s) with the appropriate word(s).
Which is an accurate statement regarding collegial peer relationships?
a. They are characterized by low levels of self-disclosure. b. They are the least common of peer relationships. c. These peers’ communication is focused exclusively on work issues. d. These peers help each other’s professional and personal development.