As Used in Governmental Accounting, Interperiod Equity Refers to a Concept

question 32

Multiple Choice

As used in governmental accounting, interperiod equity refers to a concept of

• A) providing the same level of services to citizens each year.
• B) measuring whether current year revenues are sufficient to pay for current year services.
• C) levying property taxes at the same rate each year.
• D) requiring that general fund budgets be balanced each year.

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Definitions:

Collective Unconscious

The collective unconscious is a concept proposed by Carl Jung, referring to the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.

Behavioral Responses

Actions or reactions of an individual in response to external or internal stimuli.

Reinforcement Schedules

The strategy and timing used in operant conditioning to administer rewards or punishments to encourage or discourage a behavior.

Shaping Behavior

The process of guiding or directing behaviors by reinforcing successive approximations towards a desired response or action.