65.              The cash payments made during the fifth year of a 10-year interest bearing note would be reported on the statement of cash flows in the: A)both b and c are correct B)operating activities section C)investing activities section D)financing activities section   66.              The total cash payments made in the year of maturity relative to an interest bearing note would be reported on […]

    51.Information is considered material if: a.it would have a bearing on decisions of those who use the financial statements. b.there is a substantial likelihood that a reasonable investor would not be concerned about the information. c.an item is so insignificant that users would likely ignore it. d.the FASB explicitly rules the transaction or item to be material.       52.Why would a […]

    21) In the figure above, the nation with the most equal distribution of income is nation A) A. B) B. C) C. D) The distribution of income is the same in all three nations because their Lorenz curves can be plotted on the same diagram. E) It is impossible to determine with the information given. 22) In the figure above, the nation with […]

CHAPTER TEST QUESTIONS   Objective Questions   For the each question, choose the best answer.   1.Understanding the organizational structure of an agency is helpful for what reason? A.The case manager will have a better understanding of his or her job responsibilities in the context of the agency. B.The case manager will have a better understanding of how to work around the agency’s chain of […]

    31.Which of the following children would NOT be at risk for a nutrient deficiency? a.Children suffering from abuse or neglect b.Children who consume a vegetarian diet without dairy products c.Children with failure to thrive d.Children who participate in a dietary program for managing obesity e.Children who consume a variety of basic foods   32.MyPlate tips for an active preschooler include all the following […]

    31) Suppose the demand curve for a product is downward sloping and the supply curve is upward sloping. If a unit tax is imposed in the market for this product, A) sellers bear the entire burden of the tax. B) the tax burden will be shared among the government, buyers and sellers. C) buyers bear the entire burden of the tax. D) the […]

      72) The table above gives data for the nation of Mosh. The MPC of the economy is A) 1. B) .75. C) .80. D) .90. E) indeterminate with the information provided.   73) The table above gives data for the nation of Mosh. The amount of autonomous expenditure is A) $4 trillion. B) $1.5 trillion. C) $4.5 trillion. D) $9.0 trillion. E) […]

  11) Refer to Figure 29-1. If the Bank of Canada’s goal is to increase the target interest rate to 3%, then the most effective approach is to A) reduce the money supply to , as shown in part (ii), and then let the interest rate adjust to 3%. B) increase the money supply to , as shown in part (ii), and then let the […]

    21) Refer to Figure 10-11. Following the entry of Verizon, the subscription price falls from PM to PC. What is the increase in consumer surplus as a result of this change? A) the area A + B + C B) the area B + C C) the area D + F D) the area B + C + D   22) Refer to […]

    31.Several studies on weight gain and birth weight have shown that a weight gain of approximately _____ pounds corresponds to healthy-sized triplets. a.25 b.30 c.40 d.50 e.60   32.To achieve a 40-pound weight gain, women with twins need to consume approximately _____ more Calories during pregnancy than do women with singleton pregnancies. a.15,000 b.25,000 c.35,000 d.45,000 e.50,000   33.“Best practice” vitamin and mineral […]