Tuition paid by your parents is _______. A new office building is _______. A. consumption expenditure; consumption expenditure B. investment; investment C. government expenditure; investment D. consumption expenditure; investment
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- 6. It is a redistribution of income and wealth through government making a payment,without goods or services being received in return a. Capital expenditure b. Consumption c. Utilization d. Transfer payments 7. The funds allocated to products and services used to satisfy citizens' needs are classified as ___________________ expenditures. a. Capital expenditure b. Consumption c. Utilization d. Transfer payments 8. Retirement programs, unemployment benefits, financial aid and other expenses that involve transfers of money are considered _________________. a. Capital expenditure b. Consumption c. Utilization d. Transfer payments 9. Transfer payments are included in the gross domestic product or GDP. a. True b. False c. Maybe 10.Which statement is NOT true? a. Government expenditure has direct control of a country's economic growth and businesses. b. investments in education and infrastructure are not likely to boost economic growth and labor productivity in the long run. c. Government…The funds allocated to products and services used to satisfy citizens' needs are classified as ___________________ expenditures. a. Capital expenditure b. Consumption c. Utilization d. Transfer paymentsonation received for specific purpose is: a. Credited to income and expenditure account b. Shown on liabilities side of Balance sheet as Donation Fund c. Debited to income and expenditure account d. Shown as asset side of Balance sheet as Donation Fund Question 14 Question text Which among the following is not an enterprise fund in a school district? a. Athletic stadium that sell tickets to events b. Bookstores c. Public parking spaces d. Cafeteria Question 15 Question text Rule by people is referred to as: a. Republic b. Oligarchy c. Democracy d. Monarchy
- Which of the following criteria has the LEAST impact on determining how much federal aide you can receive for college? A. Student income B. Parents Income C. Number of siblings attending college D. GPAActivity 1 Answer the following questions. 1. Explain the importance of tax revenues. 2. Identify an external benefit that could be generated by the presence of a shopping mall for a local residents. ApplicationKindly explain. Suppose education has external benefits. Explain the implication of private schools being subsidized by the government. Could a better outcome be achieved if education were provided by the government?In this semester, we study how funds flow in the financial system. Please explain with examples what can financial system do to help im prove the quality of our lives?
- The amount of ‘College fees received from students’ by a Non-profit organization is shown in which of the following?Select one:a. Expenditure accountb. Income accountc. Liability accountd. Assets accounto Describe in detail how you are financing your college education. Include sources like scholarships, loans, family contributions, part- time jobs, savings, grants, etc. o How did you secure these financial resources? What challenges did you face in the process?In estate planning, setting ul a trust account in the name of beneficiaries may help to _______ a. Improve the faith of the beneficiaries b. Maximise the estate tax obligation c. Protect the beneficiaries against future inflation d. Protect the beneficiaries from the creditors of the donor
- Identify the following funding sources as primarily public or private.a. Municipal bondsb. Retained earningsc. Sales taxesd. Automobile license feese. Bank loansf. Savings accountsg. Engineer’s retirement planh. State fishing license revenuesi. Entrance fees to Disneylandj. State park entrance feesWhich of the following do you not need to take into account when you retire? A) the cost of living in your city or state B) whether your money comes from active or passive income C) your monthly expenses D) how much you have saved in your retirement fundPlanning for estate taxes should address: a. Taking actions to benefit from a loss in property values. b. Making gifts during one’s lifetime. c. Utilization of charitable contributions. d. All of the above.
