Which of the Following Statements Is Correct

question 115

Multiple Choice

Which of the following statements is correct?

• A)Built-in stability only partially offsets fluctuations in economic activity.
• B)Built-in stability works in halting inflation, but it cannot alleviate unemployment.
• C)Built-in stability can be relied on to eliminate completely any fluctuation in economic activity.
• D)Built-in stability has eliminated the need for discretionary fiscal policy.

Understand the impact of the profit margin ratio and the asset turnover ratio on a company's return on assets.

Recognize the reporting requirements for income from continuing operations and income (loss) from discontinued operations.

Identify the correct treatment of gains or losses on disposal of a discontinued operation in financial statements.

Understand the dividend yield and its relation to net income and market price per share.

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Definitions:

Functional Assessment

An evaluation of an individual's ability to perform activities of daily living and fulfill roles and responsibilities in their personal and social life.

Method of Discipline

An approach or technique used to teach or correct behavior, often discussed in parenting, education, or organizational contexts.

Developmental History

A detailed account of a person's growth and development milestones throughout life, often used in medical and psychological evaluations.

Food Allergies

Immune system reactions to certain foods that cause symptoms ranging from mild to severe.