A Recent Fiscal Policy Initiative in Australia Is

question 112

Multiple Choice

A recent fiscal policy initiative in Australia is:

• A)a short-term competition policy.
• B)a broadband initiative.
• C)a new competition policy.
• D)limited employment subsidies provided to employers to encourage the hiring of long-term unemployed.

---

Definitions:

Cash Collections

The process of gathering all received cash and cash equivalents during a specified period.

Cost of Goods Sold

Expenses directly linked to the creation of a company's sold products, including the cost of materials and labor.

Accounts Payable Period

The average time period a company takes to pay off its suppliers after a purchase has been made, an important measure of liquidity and cash flow management.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.