#2 and #3

2. When the government uses central planning to allocate resources and to determine output among various segments of the economy, this is known as: A) A dictatorship B) A democracy. C) A planned economy. D) A market economy. 3. Which of the following staten ents is correct? A) Germany requires companies to provide extensive segment disclosure. B) Brazil has the highest number of auditors per capita. C) The United States is the only country that permits companies to use LIFO to account for inventory D) The United States permits fixed asset revaluation 2. When the government uses central planning to allocate resources and to determine output among various segments of the economy, this is known as: A) A dictatorship B) A democracy. C) A planned economy. D) A market economy. 3. Which of the following staten ents is correct? A) Germany requires companies to provide extensive segment disclosure. B) Brazil has the highest number of auditors per capita. C) The United States is the only country that permits companies to use LIFO to account for inventory D) The United States permits fixed asset revaluation