Which of the Following Is True

question 343

Multiple Choice

Which of the following is true?

• A) The current achievement scores of American students are lower than during the late 1960s.
• B) Real spending per student in American public elementary and secondary schools has changed little since the 1960s.
• C) The achievement scores of American students are higher than those of students in most developed countries.
• D) Real spending per student in American public elementary and secondary schools has declined since the 1960s.

---

Definitions:

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, respectively.

Discounted Payback Period

The time required to recover an investment's costs, taking the time value of money into account by discounting future cash flows.

Operating Cash Flow

Cash generated from a company's normal business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.

Accounting Break-even

The point at which total costs and total revenues are equal, meaning the business is not making a profit or loss.