An Example of a Positive Statement Is

question 18

Multiple Choice

An example of a positive statement is:

• A) The rate of unemployment should be 4 percent.
• B) A high rate of economic growth is good for the country.
• C) an increase in investment spending tends to reduce unemployment.
• D) Everyone in the country needs to be covered by national health insurance.

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Definitions:

Financial Accounting Standards Board

An independent organization responsible for establishing and improving financial accounting standards in the United States.

Generally Accepted Accounting Principles

The standard framework of guidelines for financial accounting used in any given jurisdiction.

Internal Users

Individuals within the organization, such as managers and employees, who use financial information to make decisions regarding the company's operations.

Nonexecutive Employees

Workers who do not hold executive or managerial positions within a company, often involved in the daily operational activities.