BUSN 115 study Great Stories/busn115study.com BUSN 115 study Great Stories/busn115study.com | Page 28

Question 14.14. (TCO 10) An accounting system includes which?
(Select all that apply.) (Points : 5)
Tax return information
Balance sheet information
Summarization of accounts information
Compliance information
Eleemosynary information
Question 15.15. (TCO 10) Which of the following financial
management functions are a part of financial planning? (Select all
that apply.) (Points : 5)
Understanding and allocating operational needs
Establishing a capital budget
Creating a long-term forecast
Establishing a strategic planning vision
Creating a short-term forecast
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Question 1.1. (TCO 1) The latest economic news is not very positive.
Unemployment rates are higher than expected, consumer confidence
has fallen, and companies are reporting layoffs are in order. The
Federal Reserve chairman acknowledges the economy is in a recession.
What actions might the federal government and the Federal Reserve
take to give the economy a boost? What are these policies called?
(Points : 10)