Which One of the Following Statements Is True

question 128

Multiple Choice

Which one of the following statements is true ?

• A) Resources flow from the government to households.
• B) Resources flow from firms to households.
• C) Taxes flow from firms to the government.
• D) Resource payments flow from firms to households
• E) Imports flow from firms to foreign economies.

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Definitions:

Separation Of Duties

A principle in auditing and accounting where tasks are divided among different employees to prevent fraud and errors.

Management Of Cash

The process of collecting, managing, and investing a company's cash flows to meet its operational and financial objectives.

Alphabetical Order

A method of sorting by arranging items according to the sequence of the letters in the alphabet.

Tickler File

An organizational system consisting of a set of files used as a reminder for tasks or events on specific dates.