______ Refer to the Important Factors That Policy Analysts Will

question 51

Multiple Choice

______ refer to the important factors that policy analysts will use to assess the proposed policy alternatives. They are also used to analyze the impact of the policy after implementation.

• A) Alternative assessment
• B) Evaluative criteria
• C) Ex post facto criteria
• D) Redistributive factors

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Definitions:

Cash Basis

An accounting method where revenue and expenses are recognized only when cash is received or paid out, respectively.

Receivables

Money owed to a company by its customers or clients for goods or services provided that have not yet been paid for.

Payables

Payables, also known as Accounts Payable, are liabilities of a company that represent money owed to creditors for goods and services received but not yet paid for.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.