Which of the following is the accurate cause of a recession?

A. The consumer price index falls below the average yearly standard.
B. Inflation rises for two or more consecutive quarters.
C. Inflation and unemployment both rise consecutively.
D. GDP declines for two or more consecutive quarters.
E. The unemployment rate declines for two or more consecutive quarters.


Answer: D

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Which of the following is a debt that is nondischargeable unless the debtor can prove undue hardship?

A. Debts incurredĀ for luxury items within 90 days of the petition. B. Claims for federal, state, and local taxes within two years of the petition filing. C. Alimony, maintenance, and child support. D. Student loan debts.

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List five categories of ethical and moral development and explain each one and give an example of each

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The two major categories of communications are:

A. primary and secondary B. direct and indirect C. long term and short term D. mass and interpersonal E. informative and persuasive

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Bookkeeping is a comprehensive system for collecting, analyzing, and communicating financial information

Indicate whether the statement is true or false.

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