the financial system transfers economic resources over space when:
1) buyers use credit and debit to buy goods and services
2) migrants remit money from their current locations to their countries of origin
3) customers use mobile phones to pay for goods
4) people use paypal to make chartible contributions.
answer: all of the above
the following are primary ways in which economic resources can be transferred over time
Individuals who wish for the state ownership of resources and for state control over economic activity are advocates of ________. Group of answer choices a. a market economy b. a synthetic economy c. capitalism d. communism e. a mixed economy
the following is not an example of how the financial system allows the pooling of resources.
Individuals who want the state ownership of resources and its control over economic activity are advocates of which of the following? A. Capitalism B. Laissez-faire economies C. Communism D. Socialism E. Market economy
10. Fiduciary funds use the: A) economic resources measurement focus and modified accrual basis of accounting B) current financial resources measurement focus and accrual basis of accounting C) economic resources measurement focus and accrual basis of accounting. D) none of the above, the fiduciary funds have no revenues.
Use of a debt service fund is required. A When financial resources are being accumulated for the purpose of paying for capital asset acquisition. B When financial resources are being accumulated for the purpose of paying principal and interest when it matures. C For all bonded debt service payments. D For all debt service payments.
With reference to the literature, discuss whether Financial System Development promote Economic growth
2-17 A city’s General Fund transfers resources to the Debt Service Fund. How should the transfer out of the General Fund and into the Debt Service Fund be reported in the governmental funds statement of revenues, expenditures and changes in fund balance? a. As expenditures of the General Fund and revenues of the Debt Service Fund b. As adjustments of the beginning of year fund balances of both funds c. They should not be reported because the transfers out and...
Question 43 (2 points) Saved The Outer Space Treaty provides that a nation retains jurisdiction over objects on its space registry that are launched into space. The treaty also prohibits interference with space activities. In effect, these provisions O ban the national appropriation of territory in space. O protect property rights with respect to private space activities. assert sovereignty over celestial bodies. declare exclusive international jurisdiction over space locations. Question 47 (2 points) Blue Space Corporation launches exploratory space flights...
When using Quickbooks, the software automatically transfers the amounts from the general ledger to Excel. The accountant can then prepare the financial statements. True or False?