1.  Which of the following is a measure of the extent to which the government's business-type activities are self-supporting?
A. Unrestricted net position/total revenues.
B. Business-type activities revenues/business-type activities expenses.
C. Total net position (governmental activities and business-type activities) less total net position at the beginning of the year.
D. Total revenues/total expenses.

Which of the following statements about credit analysts' models is true? 

A. Credit analysts focus primarily on demographic statistics and management’s long-term investment strategies. 

B. Credit analysts have access to the same set of information that internal managers use. 

C. Credit analysts are concerned with assessing a government's ability to pay interest and principal on debt when due. 

D. Credit analysts rarely use comprehensive annual financial reports.

Answer rating: 100% (QA)

Answer B Businesstype activities revenuesbusinesstype activities expenses ... View the full answer