which of the following financial concepts have

taxpayers, suppliers, constituents, and others as they become due and its service obligation to constituents, both currently and in the future ? A. Financial condition B. Financial position. C. Financial leverage. D. Liquidity 10. Which of the following financial concepts has heen defined by the GASB as "the probability that a nt will meet both its financial obligations to creditors, consumers, emplo A. An increasing ratio of own source revenues to total revenues B. A decreasing ratio of total revenues to total expenditures. 11. Which of the following trends is most likely to be a signal of impending fiscal stress? C. A decreasing ratio of debt service expenditures to operating revenues. D. A decreasing ratio of operating expenditures to total revenues. 12. Which of the following ratios would be considered favorable if it was low? A. Total revenues to population. B. Debt service to total revenues. C. Capital outlay from operating funds to operating expenditures. D. Cash and short-term investments to current liabilities. 13. A recognizable signal of fiscal stress is A. Total revenues from own sources increasing as a percent of total revenues for all sources. B. Increasing population. C. Declining property values. D. An increasing ratio of total revenues to total expenditures. 14. Political culture, such as attitudes towards taxes, is an example in the ICMA's Financial Trend Monitoring Systems of A. Environmental factors. B. Organizational factors C. Financial factors. D. Management practices and legislative policies 15. For which of th e following is a low or decreasing value of the item associated with a stronger financial condition of a governmental entity? A. Unfunded pension liability B. Property values. C. Home ownership D. Employment rate 16. Which ratio or concept describes the extent to which the government has lived within its means for the year? A. Debt to assets. B. Interperiod equity C. Current ratio. D. Revenue dispersion