Question
I need help with checking the correctness of my answers....... 1.Which of the following terms or concepts focuses primarily on a governments ability to generate
I need help with checking the correctness of my answers.......
1.Which of the following terms or concepts focuses primarily on a governments ability to generate enough cash over a 30- or 60-day period to pay its bills?
Interperiod equity.
Financial position.
Budgetary solvency.
Cash solvency.
D. Cash solvency?
2. Factors that influence a governments financial condition include which of the following?
Financial factors, such as governmental fund financial ratios.
Environmental factors, such as community needs and resources.
Organizational factors, such as management practices and legislative policies.
All of the choices are correct
D. All of the choices are correct?
3. Which of the following conditions could signal decreasing fiscal stress?
Increasing unemployment.
Decreasing property values.
Increasing revenues relative to expenditures.
Increasing levels of unfunded pension obligations and other postemployment retirement benefits.
C. Increasing revenues related to expenditures.?
4.When interpreting the debt service percent (ratio), which of the following statements is a correct interpretation?
A value of 25 percent is considered a warning sign related to fiscal stress.?
5. Which of the following statements concerning the revenues/expenditures ratio is correct?
A ratio of 1.0 is an indicator of strong performance.
A ratio of 1.0 is an indicator of weak performance.
A ratio of 1.0 is an indicator of average performance.
A ratio of 1.0 is an indicator of moderately strong performance.
B. A ratio of 1.0 is an indicator of weak performance?
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