Select the key term that relate to analysis of government financial performance from the list that best matches with the following definition. 

A. Benchmarking 

B. Budgetary solvency 

C. Cash solvency 

D. Economic condition 

E. Financial condition 

F. Financial position 

G. Fiscal capacity 

H. Long-run solvency 

I. Service capacity 

J. Service-level solvency ________ 

1. The probability that a government will meet its financial obligations as they become due and its service obligations to constituencies ________ 

2. A composite of a government's financial health and its ability and willingness to meet its financial obligations and its commitments to provide services ________ 

3. The method of identifying a number that represents a target to which actual results are compared, or a basis for comparison ________ 

4. The government's ongoing ability and willingness to raise revenues, incur debt, and meet its financial obligations as they become due ________ 

5. The adequacy of cash and short-term claims to cash to meet current obligations and those expected in the near future ________ 

6. A government's ability to provide services at the level and quality that citizens desire ________ 

7. A government's ability to generate enough cash over a 30- or 60-day period to pay its bills.

Answer rating: 100% (QA)

1 The probability that a government will meet its financial obligations as they become due and its ... View the full answer