The Most Important Reason for Being Concerned with a Municipality's

question 9

Multiple Choice

The most important reason for being concerned with a municipality's available fund balance as a percentage of its revenues and certain transfers in is that the ratio provides a good measure of:

• A)the liquidity of its resources
• B)the volatility of its revenue structure
• C)its ability to weather future revenue shortfalls
• D)its efficiency and effectiveness

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Definitions:

Staff

The collective group of employees or personnel working for an organization, institution, or a specific project.

Day Care Center

A place where children from infancy through childhood are cared for outside of their home during the day, often including educational and social activities.

Reorganizational Stage

In Schaie’s theory, a stage of early old age, when responsibilities narrow as children grow up and retirement becomes an option. Flexibility in problem solving is needed to create a satisfying, meaningful environment for the rest of life, but the focus tends to narrow to a changed set of personal goals and needs.

Adult Adjustment

The process by which adults cope with and adapt to the changes and challenges in their lives.